Tax Increment Financing (TIF) is a technique used by local governments to finance new development or public infrastructure by capturing the increase in property taxes as an area redevelops.
A public program that allows property owners to pay reduced property taxes when they meet other public purposes such as by providing affordable housing units in a property.
The share of overall housing units that must be sold or rented at an affordable price when a developer meets their inclusionary housing obligations by providing affordable units within the market [...]
The annual income earned by a typical local household. The federal government publishes the Area Median Income (AMI) for counties and metropolitan areas which are generally used to set [...]
Many inclusionary housing programs offer planning and zoning or financial benefits in order to at least partially offset the cost of providing affordable housing units in market rate buildings. [...]
A 2011 report prepared by the Housing Trust Fund Project from the experiences of five State and three Local Housing Trust Funds outlines three model approaches: cross-subsidization between higher [...]
The Housing Trust Fund Project is a program of the Center for Community Change. The project helps communities establish effective local housing trust funds. Visit Site.
This 20 minute segment of Grounded Solutions Network Video Learning Series focuses on the factors that go into setting an appropriate purchase price for Below Market-Rate homeownership units. [...]
