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What is NYC AC § 26-1701?

Quick Answer

This section provides definitions for various terms used in the chapter, including 'administering agent,' 'affordable housing unit,' and 'inclusionary housing designated area.' The department referenced is the Department of Housing Preservation and Development. Applies to stakeholders involved in affordable housing initiatives.

General informational summary. Not legal advice for your situation. Consult an attorney before acting on any specific matter.

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§ 26-1701 Definitions.

AC § 26-1701

a. Unless otherwise indicated, the following terms, as used in this chapter, shall have the meanings ascribed to such terms by the New York city zoning resolution: administering agent; affordable floor area; affordable housing fund; affordable housing unit; compensated development; dwelling unit; generating site; inclusionary housing designated area; income band; MIH development; MIH site and zoning lot. b. As used in this chapter, the term "department" means the department of housing preservation and development. (L.L. 2017/200, 11/17/2017, eff. 11/17/2017; Am L.L. 2017/212, 11/17/2017, eff. 11/17/2017)

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