Yonkers, NY Zoning Overlays & Bonuses: Density Bonus Law (2026)

Under § 43-195B, developers of bonus inclusionary developments earn a density bonus of four market-rate units for each affordable housing unit provided, up to a maximum of 40 bonus units in a single development, on top of the minimum affordable units already required. Bonus units must be built on site, except in phased developments, where they can land in a different phase, stage or section. Section 43-195A pairs the bonus with a parking break: one parking space per unit for each affordable unit serving households between 40% and 80% of area median income, replacing the standard Zoning Code parking count.

To qualify, § 43-194 requires developers either to contribute to the Affordable Housing Trust Fund at rates the AHTF Committee sets (never reduced below the levels fixed through 2014, which ran $150,000 per two-bedroom and $200,000 per three-bedroom unit) or to set aside at least 5% of units as affordable, split 40% for households at 40%-65% AMI, 20% at 66%-80% AMI, and 40% at 81%-100% AMI. Section 43-196 requires the Planning Board, during environmental and site plan review, to weigh whether a proposed development would add undue concentration of affordable units in census tracts where more than half the residents are already low-income. Large multifamily developments can seek a waiver from the AHTF Committee under § 43-194F, which also exempts them from the § 43-195B density bonus.