421-a(16) Replacement Ratio Rule Amendment
Adopted Rules: Closed to Comments
Agency:
- Department of Housing Preservation and Development
Effective Date:
Wednesday, September 12, 2018
Keywords:
Download Copy of Adopted Rule (.pdf):
HPD’s rule exempts motels and tourist cabins from the replacement ratio requirement. Thus, if there was a motel or tourist cabin on the eligible site three years prior to the commencement date, the motel rooms or tourist cabins that were demolished, removed or reconfigured would not each have to be replaced with an affordable housing unit.
Proposed Rule: