Q&A
Discussion on non-zoning policy changes for affordable housing
2:54:50
·
149 sec
Council Member Sanchez inquires about effective non-zoning policy changes and investments that can quickly deliver real affordability in communities. Commissioner Carrión provides a detailed response outlining various strategies and initiatives.
- Sanchez asks about additional non-zoning policy changes and investments to deliver real affordability, protect homeownership, prevent displacement, and invest in neighborhoods
- Commissioner Carrión highlights several key points in response:
- The importance of tax incentives to bolster partnerships with the private sector
- The administration's record $20 billion capital investment in the next 10-year housing program
- The need for quick action on the J51 tax abatement program
- The importance of advocating for increased federal support, including rental assistance and changes to low-income housing tax credits
Pierina Ana Sanchez
2:54:50
And finally, in in your view, this was asked earlier, but I'm I'm hoping to get at a little bit of a different angle.
2:54:57
In your view, what are the most effective additional non zoning policy changes and investments that we can make to quickly deliver to to help deliver real affordability in our communities because, of course, this is just a zoning proposal, deep affordability, protecting homeownership, protecting tenants from displacement, expanding access to vouchers, investing in neighborhoods, These are all topics that the zoning text amendment is silent on.
2:55:24
So what are what are the steps, the administration, things are the most important in addition to the zoning text?
Daniel Garodnick
2:55:31
Thank you for that.
2:55:31
I mean, I will I'll turn to commissioner Carrie on for your third question about the most effective non zoning tools.
2:55:38
But in answer to your first two, on 60%, some saying it's too low or too high.
2:55:45
The answer to that is we designed this in a way that allowed for flexibility, income averaging, which gives an opportunity for higher and lower.
2:55:54
So that was deliberate to be able to address specifically the concern that you are raising.
2:55:58
On the numbers 12 to 3000 units, is the answer spread across our R6 to R10 districts, and then I'm gonna go to your commissioner Carrie on for the non zoning effect.
Adolfo Carrión Jr.
2:56:10
Thank you.
2:56:12
We fought for tax incentives that bolster our partnership with the private sector and give us back affordable housing.
2:56:23
We, as an administration, have invested the most amount of capital in history in our city for the next 10 year program.
2:56:32
It's nearly $20,000,000,000.
2:56:35
On the housing preservation side that maintains affordability, we have the J51 before the body, We're asking and hoping that you would move this quickly because there are a lot of make it or break it situations out there that can use the help of this tax abatement program.
2:56:57
And, of course, we all need to advocate for our federal government to step in, whether it's increasing rental assistance, vouchers to our city and our region, or lowering the 50% test that would allow us to put our low income housing tax credits on steroids, if you will.
