Affordable housing



prospect plaza construction 62015 1

The Past and Future of New York City’s Affordable Housing

As the city edges towards its 2020 population forecast, the Museum of the City of New York is delving into our decades-long struggle to shelter the poorest residents with a new exhibit on the history of affordable housing. To celebrate the exhibit’s opening, the museum hosted a panel Thursday night, where a collection of real estate executives debated whether de Blasio’s ambitious plan to build or preserve 200,000 units would make a dent in the city’s affordable housing crisis.

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Broadway Junction on the border of East New York and Ocean Hill, the first two neighborhoods where the city's new mandatory inclusionary zoning will take effect.

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.

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