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 COVID-19 pandemic has exacerbated preexisting housing challenges for many low- and moderate-income US renter households, leading to a crisis in which an estimated $25-34 billion in rental payments were outstanding as of late 2020. However, there is very little data on how landlords have responded to this financial strain. In this session, Elijah de la Campa will present preliminary findings from a recent Center-supported survey of landlords in a dozen US cities. He will offer findings on the magnitude of the rent arrears crisis, the steps landlords have been taking in response to loss of income, and their willingness to participate in public and non-profit rental assistance programs.

When:
April 23rd
9:15AM - 10:15AM
Where:
Online Event
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