A. Inclusionary zoning enables local
governments to use their zoning powers to foster the development of
affordable housing by requiring developers to build affordable housing in
exchange for incentivesthat, in effect, reduce the developer‘s project
costs, i.e., reduced or deferred developer fees, density bonuses, land
purchase assistance, bond financing, reduced traffic/parking provisions,
etc. B. Affordable units in mixed income housingdevelopments are
physically indistinguishable from market rate housing, thus avoiding the
stigma often attached to affordable housing.
C. Many existing subsidized housing programs have the effect of
concentrating affordable housing in acertain areas of a community.
Inclusionary zoning fosters mixed socieo-economic neighborhoods by
integrating low/moderate income housing throughout the community.
D. Integrating moderate and lower income households into new residential
developments gives all members of society access to better schools, better
commercial centers, good parks, and a higher quality of life often found in
and around newer neighborhoods.
E. Mandating the provision of affordable housing, giveslocal governments
another tool to meet the housing needs of specific income levels--i.e, very
low income, low income, etc.
F. Resale controls, which often accompany inclusionary housing ordinances,
ensure long-term affordability of units.
G. Furthermore, in-lieu fees and equity recaptures provide local
governments with the revenue to purchase or build more affordable units or
finance renter assistance programs.
A. It is unfair to place the burden of providing affordable housing solely
on developers. The lack of affordable housing is a societal problem, and as
such, all of society should share the responsibility of addressing it.
B. Inclusionary zoning does not address the factors that contribute to the
high cost of market rate housing, i.e., high land costs, lack of available
sites, developer fees and exactions, cumbersome permitting process, etc.
Moreover, inclusionary zoning only adds costs to the development of market
rate housing.C. Inclusionary zoning places financial hardships on
developers. Ultimately, they will no longer be able to provide housing in
the community because the costs are too high, or they will pass the costs
on to market rate buyers, thus making it more expensive for them to buy a
home.D. Resale price controls eliminate homeowners‘ ability to realize a
reasonable profit on the resale of their home and therefore takes away the
incentive for themto maintain their home. This makes it difficult to resell
inclusionary units, which lessens their availability to the housing
E. The cost of implementing an inclusionary zoning ordinance for a local
government entity is significantly high. Most local governments cannot
afford the amount of staff resources and experience required to implement
and administer an effective program.F. Ultimately, the best way for a local
government to provide affordable easier for its constituents, at all income
levels, is to make it eaiser for developers to develop such housing.
Incentives such as reduced land costs and land restrictions, increased
availability of housing sites, and reduced fees make the development
process less costly and time consuming.G. The practice of in-lieu fees is a
tax on homeowners and renters.H. Many jurisdiction collect in-lieu fees,
but do not leverage the revenues to build more affordable housing. Instead,
in some cases, the money is not spent to produce new affordable housing.