Provides for calculating the area median income for affordable housing programs in N.Y. city

This bill (A 2187) requires new affordable housing programs in New York City to use the lower of two area median income (AMI) calculations: either the zip code-specific AMI or the broader regional AMI for the program's location. It directly affects developers and housing providers initiating new affordable housing projects after the bill's effective date. The key provision mandates that the program must adopt whichever AMI figure (zip code or regional) results in a lower income threshold, potentially expanding eligibility for affordable housing. This change applies only to new programs, not existing ones, and takes effect immediately upon enactment.