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 City of San José Housing Department and the Santa Clara County Office of Supportive Housing are hosting a public meeting on October 1st to discuss their Project Homekey strategy, including potential property acquisitions in the City of San José.

Project Homekey is a statewide program that addresses homelessness across California by providing funding for cities and counties to acquire properties that can be converted into low-income housing.

Properties being considered for Project Homekey acquisitions would serve a wide range of tenants and are located in a diverse cross section of neighborhoods around the County.

When:
October 1st
4:00PM - 5:00PM
Where:
Online Meeting
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