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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Plan Bay Area 2050 calls for a strong regional commitment for transit, housing, and equity. In order to reach these goals, the Metropolitan Transportation Commission (MTC) and the Association of Bay Area Governments (ABAG) are advancing an updated regional Transit Oriented Communities (TOC) Policy (formerly the Transit Oriented Development Policy) with guidelines for future funding of qualifying transportation projects. Updates to the TOC Policy could include requirements in parking management, station access, housing and job densities, and adopting affordable housing and anti-displacement policies. The TOC Policy could be a step up from the former TOD Policy, with deeper and more equitable solutions to bring both transit and housing justice to the Bay Area.

The Metropolitan Transportation Commission will vote on adopting the Final Transit Oriented Communities Policy. Materials and Zoom link TBP, but feel free to review the meeting agendas at the following link: https://mtc.ca.gov/meetings-events

When:
July 27th
9:35AM - 11:00AM
Where:
Bay Area Metro Center, 375 Beale Street San Francisco, CA 94105