121-04
Applicability of the Mandatory Inclusionary Housing Program
For the purposes of applying the Mandatory Inclusionary Housing Program provisions set forth in Section 27-10 (ADMINISTRATION OF AFFORDABLE HOUSING), Mandatory Inclusionary Housing areas within the Special Midtown South Mixed Use District are shown on the maps in APPENDIX F of this Resolution.
For conversions in buildings existing prior to [date of adoption], that are not otherwise subject to paragraph (a)(3)(v) of Section 27-131 (Mandatory Inclusionary Housing), the Board of Standards and Appeals may permit a contribution to the affordable housing fund, pursuant to the provisions of Section 73-624 (Modification of Affordable Housing Fund payment options in the SoHo NoHo Mixed Use District and the Special Midtown South Mixed Use District).