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The term “construction” appears 636 times in the $908 billion pandemic relief package and $1.4 trillion omnibus spending bill passed by Congress and signed by President Donald Trump at the end of December.
In other words, while the relief package was less than half the size of the initial $2.2 trillion Coronavirus Aid, Relief, and Economic Security Act, there’s still plenty in the overall bill for contractors to be happy about.
“Lots of construction spending is always a good thing, as long as everyone has access to it,” said Kristen Swearingen, vice president of legislative and political affairs at Associated Builders and Contractors. Her cautionary tone refers to the Protecting the Right to Organize Act, which many nonunion contractors oppose, potentially being passed in the 117th Congress after Democrats regained control of the Senate this week.
An economic development incentive that has played a pivotal role in downtown Fort Wayne s renaissance will continue through 2025 as part of the federal pandemic relief package.
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Construction of a new affordable housing project for the elderly has begun in Dupont.
The Dupont Housing for the Elderly project is being developed at the former Ben Franklin School at 611 Walnut St.
Michael Molitoris, executive director of the Housing Authority of Luzerne County, the developer, said the project represents a unique public and private partnership and the culmination of three years of planning to create a housing development which will remove a vacant deteriorated building and transform the site into a true community asset to provide affordable housing to low-income seniors. Construction is projected to be completed in December 2021, he said.
The New York City Housing Authority (NYCHA), New York City Department of Housing Preservation and Development (HPD) and the New York City Housing Development Corporation (HDC) announced today the closing of Twin Parks Terrace, a 182-units affordable housing development in the Bronx on NYCHA-owned land.
Construction is anticipated to start in January 2021.
Twin Parks Terrace is a new construction project which will consist of 181 affordable rental units and one superintendent unit on Webster Avenue between East 183rd Street and East 184th Street in the Fordham Heights section of the Bronx.
The project site is currently a parking lot adjacent to the Twin Parks West Houses development, which underwent a conversion in 2018 through NYCHA’s Permanent Affordability Commitment Together (PACT) program.