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 Housing Department is hosting a meeting to provide information and gather your feedback on the Inclusionary Housing Ordinance.

On November 5, 2019, the City Council approved changes, in concept, to the Inclusionary Housing Ordinance and asked City Staff to do additional analysis on a few outstanding items. The Housing Department is working to:
• Finalize a draft of the updated ordinance, and develop a new program to incentivize density for small projects from 5 to 19 units,
• Extend the period of affordability, and
• Encourage innovative partnerships by exploring the minimum contribution for market-rate developers to off-site affordable developments.
City staff intends to bring the updated ordinance to the Housing and Community Development Commission in August, and City Council this fall.

This webinar is for our development community and anyone who would like to learn more about the Inclusionary Housing Ordinance.

If you have questions, please contact Tina Vo at tina.vo@sanjoseca.gov.

When:
July 29th
10:00AM - 11:00AM
Where:
Online Event
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