REMARKS
Affordable housing provisions in the rezoning project
0:11:02
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39 sec
Council Member Farías expresses excitement about the project's mandated affordable housing component. She details the modifications made to ensure housing affordability for the average Bronx family.
- At least 25% of units in Council District 18 will be provided to households at an average of 60% of the area median income
- Modifications to R8X areas near parks will create flexibility for amenities such as parking, retail, community space, and green space
- The affordable housing provisions aim to benefit families already living in the area
Amanda Farías
0:11:02
I'm particularly excited to approve a project that is mandating affordable housing.
0:11:06
Through modifications, no less than 25 percent of units created and Council District 18 will be provided to households at an average of 60% of the area median income.
0:11:15
In other words, that means the housing will be affordable to the average Bronx family who's already living there.
0:11:21
As Tera Riley noted, we are modifying 2 r 8 x areas near park just to create more flexibility to provide much needed amenities such as additional parking, retail and community space, open green space, and accessibility.
0:11:34
I want to thank the hundreds of community members who came to our public info sessions and filled out our survey to guide us to this decision.