The Floor Area Ratio (FAR) is the total square footage area of buildings on a plot of land divided by the area of the plot. It provides a measure of how intensively a site is developed. A 1 story [...]

A percentage of units or square footage area of each market rate housing development that must be set aside to be rented or sold at affordable prices to lower income households.

Transit oriented development is mixed-use, mixed-income development in close proximity to a public transit facility or along lines of transit, typically rail or subway lines.

Inclusionary housing program requiring payment of fees but also offering as an alternative the provision of on site units ‘in lieu’ of paying the required fee.

Below-Market-Rate

The density bonus is the most common form of incentive used by inclusionary housing programs. A density bonus provides an increase in allowed dwelling units per acre (DU/A), Floor Area Ratio [...]

The most common alternative way for developers to satisfy a city’s affordable housing requirements is to pay a fee in lieu of (instead of) on-site production. In lieu fees are generally paid into [...]

A nexus study examines the effect of commercial or residential market-rate development on the need for affordable housing in a given housing market and establishes the maximum supportable fee [...]

Linkage fees (sometimes called impact fees) link the production of market rate real estate to the production of affordable housing. Residential linkage fees can either be a set price for each new [...]

Linkage fees (sometimes called impact fees) attempt to link the production of market rate real estate to the production of affordable housing. Residential linkage fees can either be a set price [...]