• Zoning changes such as allowing lowrise apartment buildings near transit hubs in certain areas, but not in single-family districts
Source: Crain's reporting
New rules
Here are some of the zoning reforms in Mayor Adams' City of Yes plan approved by the City Council in December. Minneapolis, Charlotte, Austin and New Rochelle enacted similar reforms in the past several years to help increase their affordable housing stock.
• Ease restrictions that limited building size if developers include apartments for lower- or moderate-income residents.
• End new housing parking mandates in certain neighborhoods.
• Allow backyard cottage and basement apartment units in certain neighborhoods.
• Cover capital expenses over the next five years for sewers, flood protection, streets and “open space” investments.
• Additional tenant protections and flood monitoring.
• Money dedicated to housing-related capital funds.
Bloomberg