Zoning regulations have long been a contentious issue in urban planning, with debates over how much control cities should have over the development of their neighborhoods. Recently, the state of New York has been at the forefront of this conversation, with Lieutenant Governor Kathy Hochul announcing a new initiative to reform the state's zoning laws in order to address the housing crisis. (governor.ny, 2023)
The housing crisis in New York is a well-documented issue, with skyrocketing prices and a shortage of affordable housing making it difficult for many residents to find a place to live. The state's current zoning laws are seen as a major contributor to this problem, as they heavily restrict the amount of housing that can be built in many areas. This has led to a lack of supply, which drives up prices and makes it difficult for low- and middle-income residents to find a place to live.
Hochul's initiative aims to address this problem by making it easier to build housing in neighborhoods that currently have strict zoning regulations. The plan includes changes to the state's zoning laws that would allow for the development of more multi-family housing, as well as the creation of new zoning categories that would make it easier to build affordable housing. (Slate, 2023)
One of the key components of the plan is the creation of "Mandatory Inclusionary Zoning" (MIZ) which will require developers to set aside a certain percentage of units in new developments as affordable housing. This would ensure that as new housing is built, it is accessible to a range of income levels and not just the wealthy.
The initiative also includes the creation of "density bonuses" for developers who build affordable housing, which would allow them to build larger and taller buildings in exchange for setting aside a certain percentage of units as affordable housing. This would provide an incentive for developers to build more affordable housing, while also addressing the shortage of housing in the state. (Slate, 2023)
Critics of the plan argue that it could lead to increased gentrification and displacement of residents in neighborhoods that are currently more affordable. However, supporters argue that these changes are necessary in order to address the housing crisis and ensure that everyone in the state has access to a place to live.
It is clear that something needs to be done to address the housing crisis in New York, and Hochul's initiative is a step in the right direction. By making it easier to build housing in neighborhoods that currently have strict zoning regulations, this plan aims to increase the supply of housing and make it more affordable for residents. While there may be some concerns about the potential impact of these changes, it is important to consider the urgent need for action on the housing crisis.
