421-a(16) Replacement Ratio Rule Amendment

Adopted Rules: Closed to Comments

Effective Date: 
Wednesday, September 12, 2018

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.