NYC Housing 10 Issues Series #3: Mandatory Inclusionary Zoning
In the 2013 NYC mayoral election, several candidates proposed implementing mandatory inclusionary zoning policy to increase the development or preservation of more affordable housing units. Such a policy may have significant impacts on the production of affordable housing as well as the residential housing market across New York City. This brief outlines the tradeoffs of a mandatory inclusionary zoning policy in New York City.
The #NYChousing series, published in 2013 prior to the New York City mayoral election, identified 10 key affordable housing issues that were likely to confront the next mayor of New York City. The series aimed to inform the public about the policy tradeoffs by providing an objective analysis of the pros, cons, and questions related to key housing issues facing New York City. How the incoming New York City mayor would choose address the city's housing challenges in an environment of increasing needs, declining federal support, and a strengthening real estate market would have an enormous effect on the livability, diversity, and character of the city.