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!

RSVP
El Camino Real Specific Plan Area
February 22, 2018

Santa Clara Convenes El Camino Real Specific Plan Community Advisory Committee

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El Camino Real Specific Plan Area

SV@HOME joined with 20 other organizations and community members to talk about how to create a walkable commercial corridor complemented by thousands of new housing units in Santa Clara during the inaugural meeting of the El Camino Real Specific Plan Community Advisory Committee (CAC) on Tuesday, February 22.

SV@HOME has been consistent in its position that specific plans along transit corridors adopt affordability targets beyond their inclusionary mandates.

This recognizes that in large planning areas there are opportunities for both mixed income housing and 100% affordable homes.

Santa Clara’s recently updated Inclusionary Zoning Ordinance requires 15% affordable units on site. It is expected that the CAC will meet throughout the year with a final plan expected in early 2019.

Stay tuned for more information about the next public meeting, which we anticipate will be scheduled in early summer.