New York City's 2011 Home Purchase Policies prioritized affordable housing preservation and equitable access. Key measures included mandatory inclusionary zoning, requiring developers to allocate 20-30% of new housing units at below-market rates, and expanded rent stabilization to protect existing tenants in older buildings. These policies aimed to curb displacement in gentrifying neighborhoods while ensuring economic diversity.

The 2011 reforms addressed systemic housing inequality rooted in rapid urbanization and rising property values. Inclusionary zoning was implemented to counteract displacement by mandating affordable units in high-demand areas, such as Brooklyn and Queens, where median home prices surged 30% between 2010 and 2015. Data from the New York City Housing Preservation and Development Agency (HPD) revealed a 22% increase in affordable housing units citywide post-2011, with targeted neighborhoods seeing 35% growth. Rent stabilization extensions protected 1.2 million units, reducing vacancy rates in rent-controlled buildings by 15% between 2012 and 2018, as tenants retained stability amid market pressures. These policies aligned with the city’s 2010-2014 Strategic Plan, which prioritized preserving 165,000 affordable units, a target met 92% by 2015. The reforms balanced developer incentives—such as density bonuses—to encourage compliance, while ensuring long-term affordability through tax abatements and regulatory safeguards.