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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The City of Sunnyvale will host a free homeownership webinar about the Empower Homebuyers SCC program with the County of Santa Clara and Housing Trust Silicon Valley! Funded by the 2016 Measure A Affordable Housing Bond, Empower Homebuyers SCC provides down payment assistance loans to first-time homebuyers with up to 17% of the purchase price. The program assists low to moderate income households in Santa Clara County. Join Housing Trust’s Homebuyer Programs team for an informative overview of the program.

More information about the Empower Homebuyers SCC program is available here.

Hosted by: City of Sunnyvale, Housing Trust Silicon Valley, County of Santa Clara

Questions about the event? Email us at empowerhomebuyersscc@housingtrustsv.org

When:
August 12th
2:00PM - 3:30PM
Where:
Online Event
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