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NEW YORK CITY-Two new reports on affordable housing creation around the city call developers on the carpet for not creating enough units. The research recommends ending the voluntary nature of the city’s inclusionary zoning program and making it guaranteed, s well as expanding the program citywide. The information was put forth Friday by City Council member Brad Lander and the Association for Neighborhood and Housing Development.

Inclusionary zoning has produced the construction or preservation of over 2,769 affordable housing units since New York City’s IZ program was created in 2005, the data reveals, but just two neighborhoods have reaped the majority of those benefits.  While many other US cities’ IZ programs require 10, 15 or 20% of new multifamily housing to be affordable, New York City’s voluntary, incentive-based inclusionary zoning program has only generated 2% of all multifamily units built since 2005.

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