|Program (?)||Inclusionary Housing|
|Alternative Name(s)||Inclusionary Zoning|
Inclusionary Housing provides additional permitted floor area for multi-family developments in return for new construction, substantial rehabilitation, or preservation of permanently affordable housing. Inclusionary Housing was originally a citywide program, with certain extra incentives applied to Williamsburg and Hudson Yards. However, the City Council amended the program in 2009, and now the program is more geographically targeted. The program is designed to operate in neighborhoods where zoning changes have provided an incentive for developers to increase density to buildings. The maximum additional floor area available is tailored specifically to each district and/or the type of construction. Affordable units can be provided either on the same site as the building receiving the Floor Area Compensation (FAC), or through the purchase of off-site FAC from new construction, substantial rehabilitation, or preservation of nearby affordable housing within the same Community Board or within a half mile radius of the site receiving the FAC. Twenty percent of the building’s floor area must be affordable to residents with incomes below 80 percent of AMI.
In Manhattan, the program provides specific benefits in Hudson Yards, West Chelsea, the Upper West Side, 125th Street, the East Village, and the Lower East Side. In Brooklyn, it is in Greenpoint/Williamsburg, South Park Slope, Fort Green, DUMBO, Flatbush, Sunset Park, and Coney Island. In the Bronx, it is available in Lower Concourse and 161st Street/River Avenue. And, in Queens, it is in Maspeth/Woodside – Queens Boulevard, Jamaica, Dutch Kills, and Hunters Point South.
|Benefit Classification (?)|
|Supply or Demand||Demand|
|One-Time or Ongoing||One-Time|
|Benefit Type (?)||Zoning|
|Government Agency (?)||NYC Dept of Housing Preservation and Development|
|Program Information (?)|
|Scale||Medium Scale (between 1,000 and 4,999 units produced)|
|Developer/Owners (?)||For-Profit, Non-Profit|
|Property Information (?)|
|Property Occupancy||Occupied, Vacant|
|Property Type||Land, Building|
|Construction Type||Rehabilitation, New Construction|
|Occupant Tenure (?)||Rental, Homeownership|
|Occupant Income Restrictions (?)||Low-Income|
|Other Targeting Information (?)||
|More Information||NYC DCP|
|Available on CoreData.nyc?||Yes|
|Last Updated||June 2018|
|Data Source||New York City Department of Housing Preservation and Development|
Data from New York City Department of Housing Preservation and Development accessed June 2018 (reflects data as of March 2018).