Q&A
Exploring options to increase affordable housing units and deeper affordability
2:47:59
ยท
46 sec
Council Member Hanif presses the project team on possibilities to increase the number of affordable units beyond the MIH requirements and to provide deeper affordability. The team expresses willingness to explore these options.
- The project team is exploring ways to increase affordable units beyond MIH requirements
- Council Member emphasizes the need for units at 40%, 30%, 20%, and 10% AMI
- The team commits to considering deeper affordability options
Shahana K. Hanif
2:47:59
As it stands, the proposal with the base level of MIH affordable units falls, as we've said, a lot short of what this community needs.
2:48:09
Are you exploring ways to increase the number of affordable units beyond the 20, 30 required at 60 to 80% area median income?
Nora Martins
2:48:20
Yes.
2:48:21
Absolutely.
2:48:22
We are exploring that, and we look forward to presenting to presenting that to the council member.
Shahana K. Hanif
2:48:29
And if you are willing, to provide additional affordable units beyond NIH, can you commit to ensuring deeper affordability for those units?
Nora Martins
2:48:39
Deeper than option 1 of MIH?
Shahana K. Hanif
2:48:41
Deeper than option 1.
Nora Martins
2:48:43
That's something we would have to consider, but we will definitely look into that.