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    • Inclusionary Housing
      • Inclusionary Housing Explained
        • What Is Inclusionary Housing?
        • What Problems Does It Address?
        • What Are the Downsides?
        • Racial Equity in Inclusionary Housing
        • Resources
      • Designing a Policy
        • Program Structure
        • On-Site Development
        • Compliance Options
        • Incentives
        • Affordability Preservation
        • Inclusionary Housing Calculator
      • Making It Work
        • Supporting Builders
        • Program Administration
        • Monitoring Rental Units
        • Stewarding Homeownership Units
    • Consulting Services
    What if the pricing requirements make it impossible for developers to develop?
    By Kim Anicker
    In
    Posted June 27, 2016

    What if the pricing requirements make it impossible for developers to develop?

    An inclusionary housing program will not be successful if developers will not develop any housing as a result of some portion of the ordinance. That being said, it is not uncommon for developers [...]

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    By Kim Anicker
    In
    Posted June 27, 2016

    Do jurisdictions include developers in the discussion when they are setting their pricing requirements?

    They should. One common problem is that it’s difficult to qualifying eligible buyers for homeownership units. In some cases, this is the result of problems in the initial pricing formula. If [...]

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    By Kim Anicker
    In
    Posted June 27, 2016

    Are pricing requirements included in the ordinance or in some associated policy document?

    Many communities draft their inclusionary housing ordinance to include a formula for establishing the initial price for affordable homeownership units. Getting the details of this initial pricing [...]

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    By Kim Anicker
    In
    Posted June 27, 2016

    How often do jurisdictions revise or revisit their pricing requirements?

    If the pricing criteria are generally stated, then jurisdictions could review the criteria every three years when evaluating program performance. But if the program publishes an annual cap or [...]

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    By Kim Anicker
    In
    Posted June 27, 2016

    How do programs ensure that residents can afford condominium fees?

    Condominium fees can increase substantially over time, making the overall costs of homeownership unsustainable for low- and moderate-income households. Rising condominium fees are a growing [...]

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