City Council Subcommittee Holds Hearing on Mayor’s Mandatory Inclusionary Housing Proposal

Hard-hitting questions from several Council members explored ways affordable housing could be provided at deeper levels of affordability.  On February 9, 2016, the City Council Subcommittee on Zoning and Franchises held a public hearing on Mayor Bill de Blasio’s Mandatory Inclusionary Housing proposal.  The hearing was held in the City Council Chambers in City Hall to accommodate the capacity audience.



City Council Holds Oversight Hearing on 421-a Program

HPD Commissioner Been, others testify on effectiveness of the program.  On January 29, 2015 the City Council Committee on Housing and Buildings held an oversight hearing on the 421-a tax benefit program. The program, established in 1971 by the New York State Legislature, was designed to spur residential development of underused land by granting a property tax reduction to developers for a period of ten to twenty-five years, with an objective of increasing affordable housing … <Read More>


Mayor de Blasio Announces Progress on Affordable Housing Plan

17,300 units of affordable housing were created or preserved in 2014.  On January 15, 2015, Mayor Bill de Blasio held a press conference to announce the financing of over 17,300 units of affordable housing during 2014.  These units, 11,185 preserved and 6,191 of new construction, were financed as a part of the Mayor’s Housing New York plan to preserve and build 200,000 units of affordable housing by the end of Fiscal Year 2024.  According to … <Read More>


HPD Adopts Amendments to Mitchell-Lama Rules

New rules address transferability of applications, preferences for veterans, and more.  On November 25, 2014 the Department of Housing Preservation and Development formally adopted amendments to the rules governing city-aided limited-profit housing companies, commonly referred to as the Mitchell-Lama program.  A public hearing on the proposed changes was held on November 6, 2013 and public comments were received by HPD through November 30, 2013.


City Council Holds Oversight Hearing on Mayor’s Affordable Housing Plan

HPD, City Planning, NYCHA among those who answered questions on the results and direction of Mayor Bill de Blasio’s plan.  On November 17, 2014, the City Council Committee on Housing and Buildings, joined by the Committee on Land Use and Committee on Community Development, held an oversight hearing on Housing New York, Mayor Bill de Blasio’s affordable housing plan. The Council heard testimony over the course of seven hours from Housing Preservation and Development … <Read More>