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White Plains
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developmentMedium priorityopen

Affordable housing buy-out fee calculation

White Plains

Summary

A resident found that the Harlem and Holland Avenues development's affordable housing buy-out fee was calculated using 2021 income data, coming in at $3.03 million instead of roughly $3.9 million under current figures. He's asking why planning staff didn't flag the outdated formula citywide.

At a glance

Total mentions
2
Last 30 days
0

Discussed at 1 meeting in the last 60 days; most recently Sep 8, 2026.

Impact analysis

💰Financial impact

Using current area median income figures could raise the developer's fee by roughly $870,000, funds that support affordable housing.

✅Who benefits

The city's affordable housing fund and future affordable housing residents would benefit from accurate fee calculations.

⚠️Who could be affected

The developer of the Harlem and Holland Avenues project could face a higher fee if the formula is recalculated.

Mentions & discussions (1)

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