To the relief of New York City officials, the budget did not include Mr. Cuomo's proposal to give a state agency veto power over
individual affordable housing projects paid for with federal tax - exempt bonds the state gives to municipalities.
The Public Authorities Control Board, made up of one appointee each from the Governor and legislative leaders, would have the ability to veto
individual affordable housing projects.
Not exact matches
Neighbors blasted the plan, which is the first
individual project to be built under Mayor Bill de Blasio's controversial Mandatory Inclusionary
Housing rezoning, saying the «
affordable» income requirement didn't match with those in the area and that there was no environmental impact study to see what effect the building would have on neighboring Fort Tryon Park.
The building
project is the first
individual project built under Mayor Bill de Blasio's controversial Mandatory Inclusionary
Housing rezoning, which promised to change zoning rules in some neighborhoods to make way for more
affordable units.
These policies and
projects can help preserve and expand
affordable housing in a market that offers few such options for low - income families and
individuals.