Land Use & Zoning
New York City's 'Inclusionary Housing Program' requires or incentivizes developers to:
ABuild only market-rate units in all zones
BInclude affordable housing units in new residential developments in exchange for bonus floor area✓ Correct
CProvide parking for all residents
DLimit building heights to 10 stories
Explanation
NYC's Inclusionary Housing Program allows developers to build additional floor area (a floor area bonus) in exchange for providing or preserving affordable housing units, either on-site or off-site in approved areas.
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