Reynoso is calling on developers to deepen the project's affordability as a condition of his support, emphasizing the need for more affordable units in the rezoning.
He proposed three options for increasing affordability: allocating 30 to 40 percent of units as permanently affordable, phased development with one building fully affordable, or using Section 8 vouchers.
The Arrow Linen rezoning proposal includes two at least 13-story buildings with at least 244 apartments, with a pledge that at least 61 units will be affordable to those earning 60% AMI.
The Borough President's decision comes after the Arrow Linen team's indication of their openness to increase affordable units beyond the Mandatory Inclusionary Housing requirements.
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