Search Results for: Affordable Housing

City Council no Longer a Rubber Stamp on Zoning Proposals

Panel of City Officials and industry leaders discussed NYC zoning and recent developments like Mandatory Inclusionary Housing and Zoning for Quality and Affordability. On November 30, 2016, the Center for Real Estate Studies hosted a the breakfast forum, “Celebrating 100 Years of NYC Zoning: Setting the Future Agenda for Developers and Policy Makers.” Ross Moskowitz, a Partner at Stroock & Stroock & Lavan LLP, moderated a panel consisting of Commissioner Vicki Been, from the Department … <Read More>

City Council Hears Testimony on Mayor de Blasio’s East New York Rezoning Proposal

Council Members expressed concern-ridden comments on the proposal’s plans for neighborhood job programs and the proposed housing’s lack of deep affordability levels.  On March 7, 2016, the New York City Council Subcommittee on Zoning and Franchises held a public hearing on the East New York Community Plan. If approved, the Plan would make East New York, and portions of Cypress Hills and Ocean Hill, located in Brooklyn, the first area to be rezoned under Mayor … <Read More>

City Council Subcommittee Holds Hearing on Mayor’s Zoning for Quality and Affordability Proposal

Testimony was heard on a wide range of issues spanning from  decreased parking requirements to  increased building height limits.  On February 10, 2016, the City Council Subcommittee on Zoning and Franchises held a public hearing on Mayor Bill de Blasio’s Zoning for Quality and Affordability proposal. The hearing was held in the City Council Chambers in City Hall to accommodate the capacity audience.

City Council Holds Oversight Hearing on 421-a Program

HPD Commissioner Been, others testify on effectiveness of the program.  On January 29, 2015 the City Council Committee on Housing and Buildings held an oversight hearing on the 421-a tax benefit program. The program, established in 1971 by the New York State Legislature, was designed to spur residential development of underused land by granting a property tax reduction to developers for a period of ten to twenty-five years, with an objective of increasing affordable housing … <Read More>

HPD Adopts Amendments to Mitchell-Lama Rules

New rules address transferability of applications, preferences for veterans, and more.  On November 25, 2014 the Department of Housing Preservation and Development formally adopted amendments to the rules governing city-aided limited-profit housing companies, commonly referred to as the Mitchell-Lama program.  A public hearing on the proposed changes was held on November 6, 2013 and public comments were received by HPD through November 30, 2013.