City Planning Commission declined to apply Mandatory Inclusionary Housing to proposed West Side development, despite strong support from community. On August 15, 2016, the City Planning Commission approved a special permit to construct a new mixed-use development located at 38–42 West 18th Street in Midtown Manhattan on the West Side. This proposal is the third development project approved by the City for the site. The first approval was in 2001 and the second in 2008; … <Read More>
Search Results for: affordable housing
Affordable Housing Law Upheld
Association of developers and contractors of affordable housing claimed that local law on prequalification and disclosure violated their constitutional rights. On September 24, 2012, the City Council passed Local Law 44, which required the Department of Housing Preservation and Development to create a public website disclosing the scope and location of publicly-funded affordable housing projects as well as complaints about developers, contractors and subcontractors involved in the project. The website must also list which … <Read More>
Advocacy Coalition Launches Campaign to Urge Governor Cuomo to Release Affordable Housing Funds
The campaign seeks to push Governor Cuomo to release the funding before the conclusion of the legislative session on June 16, 2016. On May 23, 2016, the “Campaign 4 NY/NY,” an advocacy group endorsed by more than 300 organizations, launched a campaign urging Governor Andrew Cuomo to release the $2 billion committed in the State budget to the creation of supportive housing. Governor Cuomo announced the commitment in his State of the State address in … <Read More>
City Council Members Torres and Levine Introduce Bill to Create Affordable Housing Watchlist and Online Map
The watchlist and online map would keep track of affordable housing rental units at-risk of becoming unaffordable, as defined by specified criteria. On April 7, 2016, New York City Council Members Ritchie Torres and Mark Levine introduced a bill to implement the creation of a watchlist for affordable residential rental units Citywide that are at risk of losing their affordable-housing status. The bill provides the requisite criteria to be met by a residential rental unit … <Read More>
HPD Proposes to Implement Extension of Existing 421-a Affordable Housing Tax Abatement Program
The “421-a Extended Affordability Program Rules” would provide a 10 to 15 year extension to eligible buildings enrolled in the program prior to its expiration. On March 14, 2016, the Department of Housing Preservation and Development proposed two agency rules to extend the 421-a real property tax exemption program for those who already had been benefiting from the program prior to its expiration in June 2015. The State authorized HPD to promulgate the new rules … <Read More>
Full City Council to Vote Today on Mayor’s Affordable Housing Proposals [UPDATE: MIH & ZQA Pass Full Council]
Full vote follows Committee approval following extensive modifications after receiving community input and testimony for months. On March 17, 2016, the City Council Subcommittee on Zoning and Franchises and the Committee on Land Use each voted on Mayor Bill de Blasio’s proposed Mandatory Inclusionary Housing and Zoning for Quality and Affordability proposals. The full Council is expected to approve the proposals at today’s City Council Stated Meeting. To see CityLand‘s comprehensive chart outlining the … <Read More>