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Old Posted Sep 30, 2022, 1:41 PM
BuildThemTaller BuildThemTaller is offline
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Join Date: Oct 2014
Location: Long Island City, NY
Posts: 1,150
After gaining approval from the NYC Planning Commission earlier in September, the developers of Innovation QNS have increased the number of affordable units in the proposed development. The development team now says they will set aside 40% of the 2,800 proposed residential units as affordable hosing. Council Member Julie Won and Queens Borough President had asked for 50% of the units to be affordable. We'll see if moving from 700 to 1,100 units, with 500 of them being for residents making less than 30% of the area median income, is enough to win the support of Won.

https://queenseagle.com/all/2022/9/28/in...to-making-40-percent-of-units-affordable
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