Easing the city's restrictive zoning and unwieldy environmental regulations would also stimulate new market-rate construction, he said.
But they have not considered changing the building code to stimulate new construction of S.R.O. housing.
He removed the sales tax on products of iron and steel to stimulate construction and the mining of that metal.
We shall begin to release some of the money that local authorities already have to stimulate construction and help the homeless.
He said that deregulating the market would stimulate construction, adding $5 billion to the New York City economy over a few years.
If Washington wants to help families, it should stimulate, not block, construction of housing.
Rents went up, tenants were evicted, and the measure did not stimulate new construction.
The plan outlines ways to stimulate construction of apartments that would rent from $500 to $800 a month.
Low interest rates have also stimulated construction of apartment buildings, even though demand for apartments has tapered off.
To stimulate construction further, the plan calls for creating a special zoning district covering all of lower Manhattan.