143-04 - Applicability of the Mandatory Inclusionary Housing Program

LAST AMENDED
12/5/2024


For the purposes of applying the Mandatory Inclusionary Housing Program provisions set forth in Section 27-10
(ADMINISTRATION OF AFFORDABLE HOUSING), #Mandatory Inclusionary Housing areas# within the #Special SoHo-
NoHo Mixed Use District# are shown on the maps in APPENDIX F of this Resolution. Such provisions are modified as follows:

(a)    #Conversions# from #joint living-work quarters for artists# to #residences#, as set forth in Section 143-12 (Joint Living-
       Work Quarters for Artists), shall not be subject to the provisions of paragraph (a)(1) of Section 27-131 (Mandatory
       Inclusionary Housing).

(b)    The provisions of paragraph (a)(4)(i) of Section 27-131 shall apply:

       (1)    in M1 Districts paired with R7D Districts, to #developments# or #enlargements# on #zoning lots# existing on
              December 15, 2021, on which the maximum permitted #residential floor area#, less #floor area# equivalent to a
              #floor area ratio# of 0.6, does not exceed 12,500 square feet; and

       (2)    in all other districts, to #developments# or #enlargements# on #zoning lots# existing on December 15, 2021, on
              which the maximum permitted #residential floor area#, less the #lot area#, does not exceed 12,500 square feet.

(c)   For #conversions# in #buildings# existing prior to December 15, 2021, that are not otherwise subject to paragraph (a)(3)
      (v) of Section 27-131, the Board of Standards and Appeals may permit a contribution to the #affordable housing fund#,
      pursuant to the provisions of Section 73-624 (Modification of Affordable Housing Fund payment options in the SoHo
      NoHo Mixed Use District).