Peekskill, N.Y., Code of Ordinances ch. 155 § 155-2
Required affordable and workforce housing units
Operative Text
A. Within all residential or mixed-use developments of 10 or more dwelling units created by subdivision or site development plan approval, including new construction, conversion of nonresidential structures to residential use, or substantial renovation of vacant structures, no less than 5% of the total number of dwelling units in rental housing must be created as affordable housing units and no less than 5% of the total number of dwelling units must be created as workforce housing units, and no less than 10% of the total number of dwelling units in for-sale housing must be created as workforce housing units, rounded to the nearest whole number. When the computed number of units contains .5, then the number of required units will be rounded up to the next whole number. When the computation for a rental development results in an odd number of required units, the odd unit will be an affordable unit. B. The Council will adopt criteria setting forth the parameters that the Council will use to consider a request for a payment of a fee-in-lieu of providing affordable and workforce housing units. Once these criteria are adopted, a developer may request to make a payment of a fee-in-lieu of providing on-site affordable and workforce housing units. Such authorization for a fee-in-lieu will be subject to the discretion of the Common Council. The per-unit fee, regardless of unit size, shall be 1.5 times the AMI for a household of four for the year in which the project is approved.
Peekskill, N.Y., Code of Ordinances ch. 155 § 155-2 establishes that residential or mixed-use developments of 10 or more dwelling units must set aside a minimum share of units as affordable or workforce housing. For rental projects, at least 5% of units must qualify as affordable housing and another 5% as workforce housing; for-sale projects must designate at least 10% as workforce housing. Developers who cannot or prefer not to provide these units on-site may, under criteria adopted by the Common Council, request to pay a fee-in-lieu calculated at 1.5 times the area median income for a four-person household in the year the project is approved.
Plain English — not legal advice.
Operators and developers subject to Peekskill, N.Y., Code of Ordinances ch. 155 § 155-2 generally account for the required affordable and workforce unit set-asides early in the project planning process, since the percentages apply to the total unit count approved through subdivision or site development plan review. Compliant developers typically document how rounding rules are applied — including the provision that any odd required unit in a rental development defaults to an affordable unit — and incorporate those calculations into their approval submissions. Those interested in the fee-in-lieu pathway generally engage with the Common Council's adopted criteria before project approval, since authorization remains at the Council's discretion and the fee is tied to the AMI figure for the approval year.
General guidance for property managers — not legal advice for your specific situation. Consult an attorney for advice on your case.
Peekskill, N.Y., Code of Ordinances ch. 155 § 155-2 creates a right to a supply of income-restricted rental and for-sale units within qualifying new developments, conversions, and substantial renovations in the city. Tenants and prospective residents seeking affordable or workforce units in a covered development may inquire with the City of Peekskill about which projects are subject to these requirements and how qualifying units are made available. Those who believe a covered development has not complied with the set-aside requirements can raise the issue with the City, consult a local tenant-rights organization, or seek guidance from a housing attorney familiar with Peekskill's ordinances.
General guidance for tenants — not legal advice for your specific situation. Consult a tenant-rights organization or attorney for advice on your case.
Generated November 7, 2026 — auto-generated, not yet human-reviewed. See /transparency for methodology.
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