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Transcript

  • 1. Creating and Preserving Affordability in Location-Efficient Areas Rebecca Cohen Senior Research Associate Center for Housing Policy
  • 2. Beltway Burden Housing and Transportation Costs in the Washington, DC, Metro Area
  • 3. A Heavy Load
  • 4. HousingPolicy.org Guide to Sustainable & Equitable Development
  • 5. Goals:
    • Preserve existing affordable housing
    • Ensure new development includes affordable options
    • Build in affordability over the long-term
    • Reach the lowest-income families
  • 6. 1. Preserve existing affordable housing Source: http://www.nhtinc.org/downloads/saving_housing_near_transit.pdf Access at www.lincolninst.edu
  • 7. 2. Ensure new development includes affordable options Eaton Row - Courtesy of Jonathan Rose Companies
    • Density bonuses
    • Revised parking requirements
    • Reduced impact fees
    • Linkage fees
    • TOD acquisition funds and land banks
    • TIF
    • Streamlined permitting
    • Inclusionary zoning
  • 8. 3. Build in affordability over the long-term Sawmill Community Land Trust Arbolera de Vida
    • Community land trusts
    • Deed restrictions
    • Extended subsidy program affordability periods
  • 9. 4. Reach the lowest-income families