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Inclusionary Zoning Annual Report for FY 2009


Tuesday, October 11, 2011

The Fiscal Year 2009 Inclusionary Zoning (IZ) Annual Report from the Department of Housing and Community Development (DHCD) marks the conclusion of the initial year of Inclusionary Zoning implementation. IZ supports the agency’s mission to create and preserve affordable housing opportunities by requiring new rental or condominium buildings over 10 units, and renovations increasing the building size by over 50%, to include an assigned percentage of affordable units in exchange for a density bonus.