New 421a program no longer gives locals a head start on affordable housing lotteries

The old plan required that half the affordable units first be marketed to community members

Jul.July 26, 2017 11:15 AM

An NYC construction site

The city’s refreshed 421a program — now known as Affordable New York — no longer gives locals the chance to apply for affordable units before anyone else.

In the old 421a program, the “community preference” provision meant half of the subsidized apartments in a development were marketed to community members first, Crain’s reported. Some apartments were also put aside for veterans, people with disabilities and government employees. The new 421a does not include those provisions, according to the publication.

When the bill was signed by Gov. Andrew Cuomo in April, the “community preference” language had been taken out, according to Crain’s. The governor’s office claims it did not remove the language, which means the Legislature or the city chopped it.

The former head of the Department of Housing Preservation and Development Vicki Been previously said that community preference is a way to appease locals that are against new development.

“[Community preference] makes it possible for the city to overcome that resistance and achieve its ambitious affordable-housing goals despite neighborhoods’ understandable concerns about the difficulties that new construction and growth may pose,” she wrote in Recently Filed Court documents. If Mayor Bill de Blasio allows 421a to continue without any community preference provisions, it will be a major departure from previous housing policies, according to Crain’s.

Last month, sources told The Real Deal the Department of Housing Preservation and Development is considering stopping the practice of allowing developers who are receiving the tax exemption to generate inclusionary air rights for off-site use. [Crain’s]Miriam Hall

Related Articles

A rendering of 165 Broome Street (Credit: Handel Architects)

Nonprofit plans affordable housing development near Essex Crossing

All Falls Down: Kanye West’s “Star Wars”-themed affordable housing plan hits snag

All Falls Down: Kanye West’s “Star Wars”-themed affordable housing plan hits snag

DSS commissioner Steven Banks with 148 West 124th Street (left) and 79 East 125th Street (right) (Credit: Google Maps and Getty Images)

City will convert 14 apartment buildings into housing for homeless

A rendering of The Dime at 209 Havemeyer Street in Brooklyn (Credit: Fogarty Finger)

New city rule requires luxury rental buildings to house homeless families

Boris Santos

A win for real estate: Socialist candidate halts Assembly bid

2790 West 5th Street in Coney Island (Credit: Google Maps)

Brooklyn man arrested for claiming to help victims buy Mitchell-Lama apartments

City Comptroller Scott Stringer (Credit: Getty Images)

City Comptroller Scott Stringer proposes “Tenant Bill of Rights”

Marlene Cintron, the Bronx’s head of economic development (Credit: iStock)

“It didn’t happen:” Bronx leader says Opportunity Zone program failed to deliver