Louise Carroll, Class of 2016 Fellow, is been a proponent of affordable housing in NYC with her work on the Inclusionary Housing Program at HPD.
“We retooled the preservation program,” said Louise Carroll, associate commissioner for housing incentives of the Department of Housing Preservation and Development. “The key here for the Prince George is the location. They could easily sell that building. We said, ‘We will give you air rights that you can sell within your area.’ Basically, this endows the Prince George for long-term affordability.”
Further reading:
Deal Aims to Keep a Former Welfare Hotel in Manhattan Affordable, NY Times
Inclusionary Housing, NYCHPD
Housing Program Sees Huge Spike in Construction, Politico
Affordable Housing Plans Questions, NY Press