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Preserve existing rental stock and public housing. A year ago the mayor convened a Housing Working Group consisting of a broad swath of stake holders Market Rate Developers, nonprofit developers, advocates, funders. There were over 100 participants in the working group. And the working group set out to provide recommendations and to suggest solutions to help us attack the housing crisis from a number of different angles. So key recommendations are summarized on this slide and ill try to just touch on each of them. Existing neighborhoods need to be stabilized. Funding sources need to be expanded beyond the traditional programs. And the band of affordability needs to be widened, it needs to go more deeply affordable and it needs to provide housing for higher incomes than we have traditionally reached. We need to add affordable units to new construction and we nee ....
I am going to introduce our guest . About equal to the number of schools that exist in boston, washington, philadelphia and baltimore. [applause] it says a lot about the bloomberg the years. They were on our role. A lot they have done. And unscreened high school quadrupled the Graduation Rate and replaced in love bronx and held on to work with joel klein as chancellor and the portfolio of new School Development and a Senior Adviser to the chancellor and Mayors Office on strategy. Last year the Family Foundation as director of k12 education where he endeavors to collect High Quality School options. Please join me in welcoming joel klein. [applau ....
The hills are alive on the 50th anniversary of one of the worlds most popular musicals, we look back at the making of the sound of music. Hello. The iraqi Prime Minister has said that Government Troops are beginning a major offensive in the city of tikrit. The hometown of former iraqi dictator Saddam Hussein was captured by Islamic State last summer and previous attempts to retake it have failed. Tikrit is about 150 kilometers north of baghdad. You can see it there. Its a capital of the Northern Province of salahuddin. As you can see, Islamic State militants have control or at least influence over large swaths of northern iraq. So recapturing tikrit wo ....
Produced in rezoned areas will be affordable to low and moderate income households and that Funding Strategies will be identified to fund new Affordable Housing and to preserve existing rental stock and public housing. A year ago the mayor convened a Housing Working Group consisting of a broad swath of stake holders Market Rate Developers, nonprofit developers, advocates, funders. There were over 100 participants in the working group. And the working group set out to provide recommendations and to suggest solutions to help us attack the housing crisis from a number of different angles. So key recommendations are summarized on this slide and ill try to just touch on each of them. Existing neighborhoods need to be stabilized. Funding sources nee ....
Tax increment for this tax purpose so weve built approximately close to 1,000 today, but about 6,000 still exist, so its the obligation and funding stream. If the city were to accept the obligation, it would have to identify a funding stream so it would be unwise for the city to accept the obligation without a source of funds to do it. Okay. I think i have some more thoughts on that, but thats not part of this resolution so well move on to other questions. Can you just also explain again sort of the separation of the income stream from mixed use property that is are being transferred . What does that mean . So disillusion laws provides for an ability for the Oversight Board to make a determination that if you had a mixed use as sets bra Oversight Board believed it was not a benefit to the community and it was a benefit to the taxing entities to separate that out in order to ....