Wednesday 29 January 2020

Scott Stringer calls for “universal affordable housing,” end to 421a

Mayoral contender Scott Stringer laid out a housing plan Wednesday that would require affordable apartments in all projects larger than 10 units. He also called for the elimination of the most popular tax break for new housing in the city. Stringer, the city comptroller, proposed “universal affordable housing” — developers of all projects with 10 units or more would have to make at least 25 percent of the apartments affordable. On average, they would have



source https://therealdeal.com/2020/01/29/scott-stringer-calls-for-universal-affordable-housing-end-to-421a/

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