Here are a few thoughts by me from a couple of Facebook discussions on the issue. Pardon what may seem at times like "one hand clapping", but I selected only my comments out of the conversation s.
But this transformation has created a growing affordable housing crisis. Local leaders from Mayor Muriel Bowser on down rightly perceive this as a problem that must be addressed. Unfortunately, there is no one magic bullet to keep our city inclusive and make sure longtime residents can enjoy the same amenities as wealthier new comers.
Rather, we need to look at an array of policy solutions as we would a toolbox where a number of different tools are needed to effectively tackle any job. In keeping with this metaphor, we also need to remain ready to add to that toolbox and sharpen or upgrade existing tools.
One tool ready to be sharpened is Inclusionary Zoning, or IZ. Adopted inIZ requires builders of most residential developments larger than nine units to set aside 8 to 10 percent of the units as permanently affordable to middle-class and lower-income house- holds.
Typically these units are reserved for families making between 50 and 80 percent of the area median income. IZ pays for lower priced homes in market rate developments by allowing the developer to build more units than would otherwise be allowed under zoning rules.
It requires no direct subsidies. Critics say the program is too slow to put units on the market. To date, just over units, mostly rent- als, have become available.
As of late April, 61 of available IZ rental units had been leased, with another 11 sold or under contract out of 13 for sale. Additionally, the beginning of the program has suffered from many administrative kinks. Both of those initial problems are being addressed.
Many of the administrative problems are being resolved, and the city now has a fully staffed team to manage the program. The IZ program is operational and doing what it was designed to do. The Urban Institute recently pronounced D.
How else would such moderately priced housing opportunities ever be possible there? But IZ can and should do more. Council just passed a resolution asking the same. We should strengthen IZ to increase the number of low-income households that qualify for the program and the number of IZ units produced.
We should also ask for at least 10 to 12 percent of homes in a residential building to be affordable, and provide additional bonus density and zoning flexibility to ensure developments recover the added cost of the affordable units.
Fixing any problem as complicated as D. It helps working-class residents have more housing options as prices continue to rise out of reach.
Other programs better address the needs of those at the bottom of the economic ladder. Along with strengthening IZ, these other efforts — part of the needed continuum of help require our deepened investment and support, too. The unprecedented level of funding for affordable housing in the budget proposed by Mayor Bowser and given initial approval by the D.
Council is a great start to the Bowser administration and council session. We hope that Mayor Bowser and the Zoning Commission will take the opportunity to act now while our city continues to attract more people and build new housing at a rapid pace.
Read the original article here.In , the D.C. Council passed an inclusionary zoning ordinance, which requires residential developers to price between 8 and 10 percent of units in a new building below market rates.
Modeled. 2 The City of San Diego, California, adopted an inclusionary zoning requirement for a specific part of the city in , requiring a 20% affordable housing set-aside on all . Free Document Shredding in Cambridge Saturday, Sept The Cambridge Consumers’ Council will be helping residents safely dispose of unwanted records at a free document shredding event on Saturday, Sept 29, from 9am–1pm, at Cambridge City Hall, Massachusetts Avenue.
Gentrification has always been a top-down affair, not a spontaneous hipster influx, orchestrated by the real estate developers and investors who pull the strings of city policy, with individual home-buyers deployed in mopping up operations.
[ City of Newton’s Inclusionary Zoning Ordinance. ] The lodging jobs that are presently faced by the City of New York can be fixed through the acceptance of inclusionary zoning patterns. The City’s sufferings have been as a consequence of utilizing the a policy. The Economics of Inclusionary Development | I Acknowledgments Section II: Assessing the Impacts of Inclusionary Zoning on Development 5 Section III: Optimizing the Effectiveness of Incentives for Inclusionary Development 12 New York City recently enacted the nation’s most far-reaching policy, which is projected to drive development.