Publication

"Mandatory Inclusionary Housing: Implications of 421-a and Vested Rights"

Since taking office in 2014, the signature policy initiative of the de Blasio Administration has been to create and maintain permanently affordable housing in the City of New York.  The centerpiece of this initiative is the text amendment to the Zoning Resolution known as “Mandatory Inclusionary Housing” or “MIH,” which the City Council adopted yesterday.  This Stroock Special Bulletin discusses MIH, which seeks to spur the production of affordable housing by making it mandatory under certain circumstances.
 

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