What happens if the market crashes again?
Much of the impetus for creating a resale-restricted affordable housing program has to do with hot housing markets, where housing is largely unaffordable to working families. So when creating a [...]
Does my formula guarantee the seller a return even when the housing market is declining overall?
No, resale formulas provide the owner with a cap, or a maximum price for which they can sell their home, and are never a guarantee. Different types of formulas provide different protections in [...]
How often should we review our resale formula for its performance?
The answer to this question depends largely on how you track your data and therefore how easy is it to evaluate your performance. Programs that use HomeKeeper to manage their resale-restricted [...]
Is it possible to change our formula if we decide it’s not working?
Yes, it is possible to change your formula if you decide it is not working – whether that’s because it is not adequately maintaining affordability, it is not providing homeowners with an [...]
How do we ensure that off-site inclusionary units actually get built?
It can be challenging for cities to ensure that developers actually build the offsite inclusionary units that are promised. Unless the off-site units are completed before a Certificate of [...]
How should an inclusionary housing policy respond to changing market conditions?
Real estate markets are constantly changing. While inclusionary housing programs are often flexible and adaptable, they can’t respond to each and every change in the market. Some [...]
