Reynoso emphasizes the need to increase affordable housing options in the proposed development, urging the developer to include more units than MIH requirements.
The proposal consists of two 13-story towers with at least 244 apartments, where 25% are expected to be affordable, catering to households earning under 60% AMI.
Reynoso mentioned potential options for the developer, such as allocating 30-40% of units as permanently affordable or seeking city financing for affordability expansion.
During the hearing, the Arrow Linen team indicated their willingness to exceed the standard MIH requirements, exploring various programs to enhance affordability.
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