130 blocks have been rezoned to include an inclusionary housing requirement in the New York City borough.
"...20 percent of the 301 new units resulting from the zoning change will be dedicated to low- or middle-income households whose incomes are below 80 percent of the federal Department of Housing and Urban Development-designated Area Median Income (AMI) of $70,900 for a family of four. Under the terms of the Queens plan, participating developers can build as much as five times the area of the lot -- known as the floor-area-ratio or FAR -- though there is now a 125-foot building height limit."
The approval by the Council marks the first use of inclusionary zoning in Queens.
"Last year [New York Mayor Michael] Bloomberg expanded the use of [inclusionary zoning], proposing it be used in all boroughs and in conjunction with other kinds of subsidies. Its original incarnation was restricted to dense areas in Manhattan."
Thanks to Nicole Boucher
FULL STORY: Zoning Currents Move East: Queens Goes Inclusionary
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