Mandatory Affordable Housing Policy Will Leave Middle Class in Cold: Locals
(DNAINFO) Noah Hurowitz — Community leaders are concerned the city’s one-size-fits-all Mandatory Inclusionary Housing program isn’t taking into account the needs of their neighborhood.
The Department of City Planning presented its plan to Community Board 6’s housing committee on Tuesday, as part of an ongoing review process, sparking concerns from residents that it would give preference to low-income residents and leave those making middle incomes out in the cold.
Mayor Bill de Blasio’s Mandatory Inclusionary Housing program aims to create a framework requiring developers to make portions of any new residential project available below market rate.