The Real Deal New York

City looking for firms to help with affordable housing plan

Officials want help determining neighborhoods that qualify for mandatory inclusionary zoning
August 19, 2014 11:35AM

The city is looking for firms that can help determine which neighborhoods would qualify for mandatory inclusionary zoning and where it would encourage more development.

The Housing Development Corp. is widening its search and extending the deadline to August 28 for firms who can help with this. Mandatory inclusionary zoning — a policy that would require affordable units as part of new high-rises in areas that have been rezoned for taller buildings — is a major part of Mayor Bill de Blasio’s plan to build and preserve affordable housing over the coming 10 years.

The original deadline was July 25. The city has received two complete proposals so far. [Crain’s] — Claire Moses