Q&A
Comparison of UAP to existing inclusionary housing programs
2:40:36
·
55 sec
Council Member Abreu asks about how the proposed Universal Affordability Preference (UAP) program compares to existing inclusionary housing programs. Chair Garodnick explains the key distinctions between UAP and current programs.
- UAP would apply to 100% of medium and high density areas, compared to 13% for existing programs
- UAP lowers AMI requirements from 80% to 60% averaged, allowing for even lower AMI options
- UAP would supersede existing Inclusionary Housing (IH) programs but not Mandatory Inclusionary Housing (MIH)
Shaun Abreu
2:40:36
Yes.
2:40:36
How does the proposed UAP program compare to the city's existing inclusionary housing programs?
Daniel Garodnick
2:40:44
2 distinctions that are important.
2:40:46
1, today, our inclusionary housing programs apply to about 13% of our medium and high density areas.
2:40:53
This would apply to 100%.
2:40:56
2nd, the existing AMIs for our current program are 80% fixed.
2:41:03
We are lowering those down to 60% averaged.
2:41:06
So you'd be able to go even below 60% in the new UAP.
2:41:11
Would the UAP programs supersede existing NIH and IH programs?
2:41:17
It would supersede IH, but not NIH.
2:41:20
NIH continues to exist.
2:41:21
We map it when we're creating additional density bonuses throughout the city, but it would be in place of the existing inclusionary housing programs.