More Violations

Sanitation violations increased from 368,577 in fiscal 2014 to 417,252 in the first eleven months of fiscal 2016, according to an analysis in the NY Post.

The Mayor’s Mandatory Inclusionary Zoning program faces another test, Monday, when the planning commission has to decide if shifting air rights among adjacent properties adds residential floor space–triggering an affordable housing requirement–or is simply a “rejiggering.” Activists want to require affordable  units, but planners and lawyers worry that a too strict ruling could raise constitutional questions about the City law.

Meanwhile, the Mayor’s affordable housing plans keep hitting project by project opposition in the City Council depending on whose ox, or district, is being gored.

And the Governor is now saying that there is no hurry to allocate the $2 billion affordable housing fund created in the State budget this year to specific projects or programs, because no one is going to be spending the money any time soon anyway.

Also on the affordable housing front, Eric Enderlin will replace Gary Rodney as president of the City Housing Development Corporation; and the City Economic Development Corporation announced a $10 million Emerging Developer Loan Fund to provide pre-development and mezzanine financing to small project developers.

Donald Trump told the Mid-Year meeting of the National Association of Home Builders yesterday that  “Twenty-five percent of the cost of a home is due to regulation. I think we should get that down to about 2%.” A day earlier, Clinton representative Gene Sperling, told Home Builders about her support for expanding the Low Income Housing Tax Credit and incentives for local zoning that would permit more development.

ABO members can get free tickets to the next National Home Builders meeting and International Builders Show January 10-12 in Orlando if they register this month, along with discounts on educational programs. Prices go up September 1st.

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