The Loophole in de Blasio’s New Mandatory Inclusionary Zoning Policy
On the last day of July, the de Blasio administration quietly introduced a key piece of its plan to build 80,000 affordable units of housing: mandatory inclusionary zoning. The plan will require market-rate developers to set aside at least 25% of their units in each new building as affordable housing. As the city rezones several neighborhoods across the five boroughs, they’ll impose the policy along with the updated zoning—beginning with East New York.