Wednesday, March 22, 2017

IN 1st YEAR UNDER MANDATORY RULES, MAYOR DE BLASIO AND CITY COUNCIL AUTHORIZE 4,700 AFFORDABLE HOMES THROUGH PROGRAM


  Mayor Bill de Blasio, City Council Speaker Melissa Mark-Viverito and elected officials today celebrate the one year anniversary of the passage of Mandatory Inclusionary Housing (MIH), a program that requires developers to build permanently affordable housing in areas zoned for growth to ensure that all of the city’s neighborhoods will be diverse and inclusive. In the first year alone, 11 applications for nearly 4,700 new affordable homes have been approved by the City Council. At least 1,600 are required to be permanently affordable under MIH.

This landmark MIH legislation, the strongest inclusionary program in the nation, was adopted by the City Council on March 22, 2016. It was the result of months of advocacy by the Mayor, his administration, and the New York City Council working to create a program that protects our neighborhoods by mandating affordability.

Compared to MIH programs in other cities, New York City’s requires a higher percentage of affordable housing, serves lower income families and a broader range of households, and will result in more affordable housing being located in the same building as market rate housing.
MIH ensures balanced growth and economically diverse neighborhoods, while also providing a tool for communities to shape development.

The Council also adopted Zoning for Quality & Affordability, a far-reaching overhaul of the City’s zoning resolution that encourages the construction of affordable housing across the city, especially for seniors, by lowering costs and adding flexibility. ZQA also allows for better-ground floor retail and community-facility spaces. MIH and ZQA works with other housing programs to achieve ambitious affordability targets set inHousing New York.

“Among our most important achievements as we strive to secure affordability for millions of New Yorkers was passing these historic zoning changes, Mandatory Inclusionary Housing and Zoning for Quality & Affordability. With them, we will build tens of thousands of affordable homes for seniors, veterans and working families,” said Mayor Bill de Blasio.

“MIH and ZQA are powerful affordability tools to help make New York work for everyone. While it has been just one year, they are already bearing fruit. We must continue to use MIH and ZQA to facilitate affordable housing as we plan for growth in targeted locations throughout our city. These zoning regulations, together with the formidable tools of our partners at HPD and HDC, position us to work effectively with communities and their elected representatives to achieve the affordability goals of Housing New York: providing opportunity to New Yorkers with a range of incomes and strengthening our neighborhoods,” said City Planning Commission Chair Marisa Lago.

“MIH and ZQA changed the paradigm for how New York City will grow for generations to come,” said Housing, Preservation and Development Commissioner Maria Torres-Springer. “Thanks to this landmark victory, the city now has a robust MIH pipeline of permanently affordable housing to ensure inclusive growth in our neighborhoods. By overhauling the zoning code, ZQA is already resulting in buildings with better design and more affordable housing, especially for our seniors. HPD is grateful to Mayor de Blasio and the entire City Council for their leadership, and to our partners at City Planning for this monumental achievement to keep our neighborhoods affordable and diverse and our city strong.”

"The passage of MIH and ZQA have provided critical new tools to address our City’s affordable housing crisis,” said Eric Enderlin for President of the City’s Housing Development Corporation. “By ensuring the development of affordable housing is not just mandatory, but permanently affordable, MIH enables us to provide long term housing solutions for more New Yorkers at a wide range of incomes. This visionary legislation demonstrates the City’s commitment to ensuring New York City truly remains a city for everyone.”

Approved Projects:

Borough Project Name Total Units Total Affordable Units MIH Permanently Affordable Units
   
    Projected
Queens One Flushing 231 231 83
Bronx La Central (Bronxchester RFP) 992 992 248-298
Bronx Lambert Houses 1655 1655 331-413
Bronx Concourse Village West 265 265 68
Bronx 1932 Bryant Ave 327 327 82-98
Manhattan Lexington Gardens II 400 400 160
Manhattan The Robeson 79 79 22
Manhattan The Frederick 74 74 19
Bronx 147th St Rezoning 165 165 58-81
Brooklyn 141 Willoughby Street 202 60 60
Manhattan 550 Washington Street 1586 476 476
    5976 4724 1,607-1,778

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