This workshop event will introduce Santa Clara County’s new ELI/VLI co-op pilot and allow opportunities to engage and provide feedback. The main focus of this workshop is to provide information and answer questions about the County’s new Type 5 project type in the County’s NOFA, which is for cooperative housing projects. The event is intended for established affordable housing developers and small non-profits/CDCs in Santa Clara County who may have an interest in learning more about cooperative housing (and ultimately applying to our NOFA).
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!