Tag Archive: inclusionary zoning

  1. Our Top Five for Affordable Housing

    Leave a Comment
    Image from Habitat for Humanity Portland: https://www.flickr.com/photos/44062891@N03/8641577674

    Image from Habitat for Humanity Portland: https://www.flickr.com/photos/44062891@N03/8641577674

    It’s no secret that California has a serious affordable housing problem. The state is home to the nation’s most expensive rental market and the nation’s least affordable housing market. Nine of the ten most expensive housing markets in the U.S. are located here. And, as the Legislative Analyst’s Office put it, California’s home prices and rents are higher than just about anywhere else. As local policymakers throughout the state grapple with the issue of providing affordable housing, we thought it’d be helpful to provide a “top five” list of interventions that the state’s big city mayors can champion to help address the affordability crisis. (more…)

  2. Addressing the Affordability Problem

    Leave a Comment

    The growing scarcity of affordable housing in many of the country’s real estate markets has reached a critical point. Wage growth in our recovering economy is not keeping pace with soaring housing prices, making it harder for families to find homes in metros experiencing the most job growth. Nationwide, a surplus of 300,000 affordable housing units has, in less than four decades, morphed into a multi-million unit deficit. One of the most persistent problems policymakers and advocates face is the relatively small pool of sustainable, long-term financing available to fund the production of affordable housing units. But new models are emerging, and a mix of market-based interventions coupled with zoning and land use tools hold the most promise for addressing the nation’s affordable housing problem. (more…)

  3. Right Coast, Wrong Coast: Two States Grappling with Affordable Housing

    Leave a Comment
    Image from Habitat for Humanity Portland/Metro East: http://www.flickr.com/photos/habitatpdxmetro/8640476095/sizes/l/

    Image from Habitat for Humanity Portland/Metro East: http://www.flickr.com/photos/habitatpdxmetro/8640476095/sizes/l/

    Fully half the renters in the U.S. now spend more than 30% of income on rent, “up 12% from a decade earlier,” according to a recent report from the Joint Center for Housing Studies at Harvard University. The problem is more dire if you look at low-income households, where more than 8 in 10 renters with incomes below $15,000 pay more than 30% of their income on housing costs. The provision of affordable housing across the country continues to be a significant problem for local governments. But the policy mechanisms available for local officials and affordable housing advocates vary from state to state. Recent Supreme Court decisions in New Jersey and California highlight the effects that state regulatory frameworks have on cities and developers looking to build housing. (more…)