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Task Force urges tougher inclusionary rules, PILOT changes and density bonuses to produce deeper affordability
Summary
PCHTF recommends amending inclusionary zoning to require tiered affordability, revising PILOT/IDA criteria to favor lower AMI units, and using density bonuses tied to deeper affordability; examples cited include New Rochelle, Yonkers, and Ossining.
The Task Force recommends the Village adopt tiered inclusionary housing so that developments provide units at multiple AMI levels, allowing higher‑AMI units to offset deeper affordability at lower AMIs. The report cites The Leaf in New Rochelle as an example of a mixed‑use project with 119 affordable units at 80%, 60%, and 50% AMI and suggests similar local requirements tied to density incentives.
The report also recommends recalibrating PILOT award criteria and working with the Port Chester and Westchester County IDAs to prioritize mixed‑income projects that include lower AMI set‑asides. Density bonuses—measured through increased floor area ratio (FAR) or additional stories—are promoted as the principal tool to make deeper affordability financially feasible for developers while preserving project viability.
