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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Iamesi Village is located at the intersection of Bassett and Terraine Streets in downtown San Jose. This 135 unit apartment building offers 118 studio units and 16 one-bedroom units at 30-50% of the Area Median Income, and is devoted entirely to veterans, permanent supportive housing and people with intellectual / developmental disabilities.

Award-winning architectural firm, Architects FORA (previously OJK Architecture and Planning) designed these apartments to enhance the existing neighborhood. The building is five stories of residential units over a parking garage.

First Community Housing (FCH) invites you to join us for light refreshments, reflections from our supporters and residents, and a tour of the property.

firstcommunityhousing.org/IamesiVillage

When:
November 9th
10:00AM - 12:00PM
Where:
Iamesi Village, 201 Bassett Street, San Jose, CA 95110