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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At the December 8th Council meeting, the Sunnyvale City Council will consider, provide comments on, and (hopefully!) approve the Mobilehome Memorandum of Understanding (MOU) work item scope of work. Sunnyvale’s MOU process will bring together mobilehome park owners and residents to discuss and propose the creation of MOUs that are intended to provide stability and fairness in future increases to mobilehome space rents. These types of MOUs aim to assist both owners and residents, especially helping mobilehome residents stay in their homes for the long term and avoid displacement.

SV@Home supports the City of Sunnyvale’s work on this issue and the swift adoption of the scope of work will allow the MOU process to proceed. We plan to closely track the progress of this initiative to assess its effectiveness in providing assistance to vulnerable mobilehome park residents at risk of displacement.

 

 

When:
December 8th - January 1st 1970
6:00PM - 12:00AM
Where:
Zoom Online Meeting