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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On Tuesday, May 21st, the Mountain View City Council is set to consider approval of the 777 W. Middlefield development proposed by Fortbay. 777 W Middlefield is a redevelopment of an existing 208-unit apartment complex into a 716-unit apartment complex, including 5% low income units and 15% moderate income aimed at teachers.

Unlike recent redevelopments of apartments in Mountain View into low-density condominiums (see 2005 Rock St, 1950 Montecito, and 2310 Rock Street), this redevelopment is adding a significant degree of density and affordability, as well as going above and beyond the city’s tenant relocation benefits and providing tenants significant notice.

For these reasons, SV@Home has endorsed the 777 W. Middlefield development. This is a model for how development should happen – in a way that increases density, is sensitive to the needs of current tenants, and creates opportunities for affordable and missing middle housing. The Mountain View Environmental Planning Commission agreed on April 29th, giving 777 W Middlefield 7-0 recommendation of approval. We encourage you to come out and support 777 W Middlefield alongside us on May 21st!

When:
May 21st - January 1st 1970
7:00PM - 12:00AM
Where:
Mountain View City Hall

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