Getting Inclusionary Housing Right

JOIN US VIRTUALLY ON FRIDAY, OCTOBER 24TH 12PM

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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Hosted by Housing Trust Silicon Valley

6:00 pm – 8:00 pm on Wednesday, May 17, 2017

Housing Trust Silicon Valley invites you to attend an informational workshop to learn about Down Payment Assistance programs and other Affordable Housing For-Sale Options.

The Gap Assistance Program (GAP) is a 3% simple interest deferred second loan of 20% of the purchase price, up to $57,500.

  • Learn about GAP and other Down Payment Assistance Programs
  • Receive Helpful Tips about the Pre-Approval and Application Process
  • Ask Preferred Loan Officers at the Workshop about Qualifying for a First Mortgage
  • Find out about other Affordable Housing Options Available in Santa Clara County

The Registration Link will be open on 5/9/2017 at 10:00am

Please note that no reservation or registration will be taken over the phone or email.

Please note this is NOT a City of Santa Clara BMP workshop

When:
May 17th - January 1st 1970
6:00PM - 12:00AM
Where:
Rose Garden Branch Library

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