The ANHD Blog raises the profile of our issues, and educates our member groups, city decision makers, and the general public on our core issue areas. The ANHD Blog offers sharp, timely and effective commentary on key public policy issues, as well as our work and the work of our member groups.
All of our blogs are sorted based on the issues, projects, special tags, and dates they are associated with, and you can use the dropdowns below to filter through our blogs based on these tags. Additionally, you can do a general search through our blog, using the search bar the right. If you can’t find what you are looking for, email comms@anhd.org.
ANHD Finds Gaps in City's MIH Proposal
Share your story
November 12, 2015
New ANHD White Paper Analyzes Financial Feasibility of City's Mandatory Inclusionary Housing Proposal
ANHD today released a new white paper providing the first public analysis of the key Market and Financial Study for New York City's proposed Mandatory Inclusionary Housing (MIH) program. This study, prepared by a consultant hired by the City, provided the basis for the MIH proposal released by the City in September, which is now working its way through the land use review process.
Our analysis finds:
1) Many scenarios which would lead to stronger affordability, including lower AMI levels and greater density bumps, were not studied.
2) In markets where MIH is financially feasible, most affordable housing can be expected to be built offsite
3) The proposal does not add any significant affordability over the new 421a rules
4) Stronger affordability requirements than those currently proposed by the City could be supported at part of the MIH program, especially in stronger markets.
CLICK HERE to download ANHD's latest white paper