What to Know about NYC Mandatory Inclusionary Housing


Summary

With the recent rezonings in Gowanus and SoHo, there is a renewed focus on New York City's Inclusionary Housing Program, and Mandatory Inclusionary Housing (MIH) is of particular interest to developers seeking to develop in these newly rezoned neighborhoods. This article explains what MIH is and provides a primer on what is required and what to expect in the MIH application process in New York City. It also provides an overview of the city's Voluntary Inclusionary Housing (VIH) program.