Earlier quoted context omitted.
As far as I can tell, the affordable housing movement has been broadly co-opted by developers who leverage grants and incentives to expand their portfolios of rent generating assets. Regulations which include language like "X% of units must be for renters making There is a genuine affordable (and equitable) housing movement, largely built on urban equity-cooperatives and community land trusts, but those promising eff…
> Regulations which include language like "X% of units must be for renters making I get that this model favor large-scale, high-capital projects, but, given that it explicitly set's aside X% for the Doesn't more density + some X% set aside for affordable units generally positive? Maybe we need to play around with that X% better, but what's the alternative?
When it gets high it's not a giveaway to developers. It's actually a backdoor way to ban housing construction; NIMBYs love to claim they want "real affordable housing" and then set the IZ requirement so high nobody can afford to actually create any.