§ 143-04 Applicability of the Mandatory Inclusionary Housing Program
ZR § 143-04
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:
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).
The provisions of paragraph (a)(4)(i) of Section 27-131 shall apply: 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 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.
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
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.
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).
