What is the difference between mandatory and voluntary Inclusionary Zoning?
Mandatory programs require developers to build affordable units in exchange for development rights (e.g. additional density). Voluntary programs rely on incentives to encourage developments to “opt-in.” The NYC Campaign for Inclusionary Zoning calls for guaranteeing affordability ” through a mandatory program ” in areas being rezoned for greater residential density. In other areas (i.e. those that are not being rezoned by the Bloomberg Administration), it could be possible to use a voluntary program, to allow developers who choose to create affordable units to build slightly larger buildings.
