What are some examples of inclusionary zoning?

What are some examples of inclusionary zoning?

Inclusionary zoning refers to policies that require a percentage of new housing developments to be affordable for low- to moderate-income residents. Examples include: 1. San Francisco's Inclusionary Housing Program, which mandates that 12-25% of units in new developments be affordable. 2. New York City's Mandatory Inclusionary Housing, requiring affordable units in certain rezoned areas. 3. Montgomery County, Maryland, which has a Moderately Priced Dwelling Unit (MPDU) program that sets aside 12.5-15% of new units for affordable housing.

What are the benefits of inclusionary zoning?

Inclusionary zoning helps create mixed-income communities, reduces economic segregation, and increases the availability of affordable housing. It can also stimulate local economies by ensuring a diverse population.

Are there any challenges with inclusionary zoning?

Yes, challenges include potential pushback from developers, the risk of reduced overall housing supply, and the complexity of implementation. Balancing affordability with market demands can be difficult.

How do different cities implement inclusionary zoning?

Cities implement inclusionary zoning in various ways, such as setting specific percentages for affordable units, offering incentives like density bonuses, or creating funds to support affordable housing development.