Getting Inclusionary Housing Right

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Cities across Santa Clara County are considering this powerful tool to build more new affordable homes without subsidy.

But done wrong it can fall short, or even stop the development of new homes in its tracks. Learn how it works, and how to get it right!

Many of our local cities are joining forces right now in a shared nexus study, the wonky and in-depth analysis that assesses the feasibility of local residential development and the potential for developers of market-rate housing to add a share of affordable homes to their buildings.

If cities require too few affordable homes or affordability that’s too shallow, they leave public benefits on the table. Too much, and developers can’t build any housing at all.

Come hear about local cities that are getting it right: successfully using inclusionary housing policies to achieve mixed-income communities, generate funding to subsidize deeper levels of affordability, and gain valuable land for affordable homes!

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June 7, 2017

San Jose Leaders Discuss Affordable Housing Plan

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On Tuesday, Housing Director Jacky Morales-Ferrand brought forward a report to the City Council highlighting that the City has completed 325 new and newly-affordable apartments in five developments – including 86 homes for homeless individuals –  and has approved $46.6 million in funding for an additional seven developments that will offer approximately 526 affordable homes, including at least 386 for ELI vulnerable and homeless individuals.  The not so good news – “the scarcity of City funds available for new affordable apartments makes it impossible for the City to fund additional affordable homes in San Jose beyond the projects identified in this Plan.” This raises concerns about the availability of funding to leverage Measure A dollars in the coming year.​​ Check out the full report here.

Mayor Sam Liccardo and Councilmember Don Rocha requested that the Housing Department come back with additional information on a number of issues, including plans for moderate income housing creation and detail about Measure A implementation.  We will keep you informed as this information is completed and presented.  Here is their memo.

Photo: Steven Christenson via Flickr