Apartment Look

Frasers Property Australia , Citta Property Group and Mission Australia have won the tender for the $2. 2 billion redevelopment of the Ivanhoe public housing estate in Macquarie Park, in north-east Sydney. The project is set to achieve high sustainability outcomes , such as carbon neutral operation , but while the news has been welcomed by many in the property industry , it has also raised questions about just how replicable this model of public housing funding is. The master plan for the 8.2 hectare site will see 259 existing low - density public housing dwellings demolished and replaced with more than 3000 dwellings built by the Aspire consortium, including at least 950 new social housing apartments and 128 affordable rental apartments . A non-government co- educational vertical high school , two 75- place childcare centres , a 120- bed aged care facility , 141 social housing independent living units and 132 private independent living units are also in the plans. Community f...

When Mayor de Blasio held a press conference in May 2014 to debut his new affordable housing plan , his full- color presentation touted a project called Spring Creek in Brooklyn. Spring Creek was flagged as a “case study” partnership between the city and developers to “create a strong, vibrant and self-sustaining neighborhood.” But on Friday, the bulk of that project remained a big, ugly vacant field of weeds and abandoned roadway in East New York. More than 1,500 of 1, 803 planned affordable units are now in a bureaucratic Twilight Zone — and may become less affordable as a result. “There is no progress from the progressive mayor ,” said the Rev. David Brawley, a leader of East Brooklyn Congregations , one of the groups sponsoring Spring Creek . Brawley said the delays to Spring Creek caused by the de Blasio administration are particularly ironic given that the mayor cited the project in his promise to build or preserve 200, 00...

The massive new social and affordable housing renewal development just given the go-ahead by the NSW Government in Sydney’s north has been greeted with cautious approval by experts. But while it’s been hailed as “ground-breaking” by some, with plans for similar scale projects at four other major sites, others have said it still is a long way off solving housing affordability for many Sydneysiders. “Of course, the provision of this new affordable housing is always good, but it’s still just a drop in the ocean,” says Associate Professor Eileen Webb , of the Curtin Law School , who’s been studying the lack of housing. Ivanhoe estate ." /> An artist’s impression of Ivanhoe estate . Photo: Supplied “As we’ve seen in Martin Place recently , there are many people homeless, with the 2011 Census putting the figure very conservatively at 105,000. We’ve also had reports that a further one in 10 Australian households are in housing stress and at risk of homelessness, which is 850,000...

Supporters and opponents of a proposed conversion of the historic Campana building to affordable housing on the borders of Batavia and Geneva packed another meeting this week to share their views. About 100 people attended the continuation Wednesday of an Aug. 2 public hearing before the plan commission , a citizen- appointed advisory panel to the Batavia City Council . On one side were residents worried about traffic, the influx of students in the Geneva schools and whether the former 1936 factory is suitable for living quarters. On the other side were proponents of affordable housing and historic preservation . Evergreen Real Estate Group has submitted a zoning application with Batavia to put 80 market-rate and income restricted apartments into the 131,000-square-foot building, which is listed on the National Register of Historic Places and received a local historic landmark designation in 2003. Sandra Ellis said the Fabyan Parkway and Route 31 intersection has been known as a...

The continued discussion of housing issues in St. Helena raises the question of how to successfully develop and manage affordable housing in a community the size of our beautiful city. The family housing at the Stonebridge Apartments , located at 990 College Ave., is a proven example of how to create a sustainable community of children, parents and seniors. The Stonebridge Housing Tax Credit property is a type of regulated affordable housing serving low - and very-low- income households on fixed, i.e. Social Security, or lower incomes between 50 percent and not to exceed 60 percent of the Napa County area median income (AMI). For example, a family of four with an income below $51,650 per year would qualify for the program. Monthly rents are charged accordingly at the 50 percent or 60 percent AMI levels . The current rent schedule is the following: • A one-bedroom unit at 50 percent AMI is $420, or $768 at 60 percent; • Two-bedroom unit, $469 to $918; • Three-bedroom unit, $514 ...

Council Member Laurie Cumbo (@cmlauriecumbo) Hundreds of Crown Heights residents and community activists laughed and jeered at a recent community forum as a lanky man wearing a paper mask of Mayor Bill de Blasio joked about bringing affordable housing to their neighborhood. The event was punctuated by moments of levity but mostly dominated by anger from residents who feel their elected representatives have sold out their interests to the real estate industry , with a focus on the proposed redevelopment of the vacant Bedford Union Armory . The de Blasio administration , with a developer, is proposing a combination of affordable and market rate rental apartments , condominium units, and recreation space for the massive site. City Council Member Laurie Cumbo , who represents the district, did not attend the August 2 forum focused on the project -- she was just days from giving birth to a son -- and when representatives of her office tried to speak, they were shouted down. The ev...

Heather Smith says affordable housing isn 't always affordable. The single mother of two said when her $880-per-month rent in southeast Rochester jumped by $85 in the second year, it left her struggling to pay for rent and food, even though she has good job at Zumbro Valley Health Center . "Why am I not able to afford the basics I need to live?" she asked during Tuesday's community meeting held by CURE — Communities United for Rochester's Empowerment — a social action group affiliated with SEIU Healthcare. She said the unexpected increase on an already tight budget could have been unbearable without outside family support. "I got a 46-cent raise at work," she said, noting it didn't cover the rent increase, or her rising food costs . "How am I supposed to save for a house?" she said. Homeownership, said Zach Winter, doesn't necessarily solve the problem of a tight budget. He said he bought a house near Silver Lake, which ...