Affordable Housing Requirements

The following is a summary of the Affordable Housing Law. Please see Chapter 62 of the Village Code entitled Affordable Housing for more information.

The affordable housing legislation includes the following stipulations and provisions:

  • Ten percent of all new development or major rehabilitations of 6 units or more are required to be affordable units.
  • As an incentive, a density bonus of 10 percent will be applied for all development proposing 10 percent Affordable Housing.
  • An additional density bonus of 5 percent will be applied if a developer proposes to include housing for residents making less than 60 percent of Westchester County Average Median Income.
  • If applying the 10 percent rule results in a fraction, then the number of affordable units required should be as if the fraction were rounded to the higher number.