Int. No. 351
By Council Members Nurse, Louis, Stevens and Joseph
A Local Law to amend the New York city charter, in relation to findings made by the board of standards and appeals in the approval of affordable housing projects
Be it enacted by the Council as follows:
Section 1. Paragraph 1 of subdivision a of section 666-a of the New York city charter, as approved by a vote of the electors on November 4, 2025, is amended to read as follows:
1. The building is or will be owned, in whole or in part, by a company that has been organized exclusively to develop housing projects for persons of low income and at least 50 percent of the dwelling units in such building will be affordable and restricted to occupancy by individuals or families whose household income does not exceed an average of 120 percent of the area median income, adjusted for family size, at the time such household initially occupies the dwelling unit;
§ 2. Subdivision b of section 666-a of the New York city charter, as approved by a vote of the electors on November 4, 2025, is amended to read as follows:
b. The decision of the board shall set forth each required finding in each specific approval of an action authorized pursuant to this section or which of the required findings have not been satisfied in each denial of such an action. Such decision shall, for any approval of an action pursuant to this section, set forth the evidence or other data supporting each finding by the board in reaching such decision, including the projected number of dwelling units to be developed, preserved, or converted; the income restrictions for such dwelling units; and the anticipated date of first occupancy. Reports of other city agencies made as a result of inquiry by the board may be considered by the board.
§ 3. This local law takes effect immediately.
JMF
LS #20351
Int. #1518-2025
1/7/2026 4:52 PM