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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As part of its fifty-year Regional Strategy, SPUR has estimated that the region needs to produce 2.2 million housing units over the next half-century, across all income levels, in order to meet anticipated demand while simultaneously addressing the chronic housing shortage caused by the last two decades of limited residential construction. These homes must be planned throughout the region: in areas that are well served by transit, in commercial corridors and historic downtowns, in areas with great schools, jobs and amenities and even in our suburbs. However, to do this, it is imperative that we also re-think the rules that govern how we plan for and permit housing. Come examine what it’ll require to build the more than two million homes necessary as part of our new series, “Housing the Region”.

+ Sen. Scott Wiener / California State Senate
+ Kristy Wang / SPUR
+ Michael Lane / SPUR
+ Sarah Karlinsky / SPUR

When:
May 6th
5:00PM - 6:00PM
Where:
Online Event
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