• ULI Study on Inclusionary Zoning Highlights Need for Robust Market-Rate Housing Production

  • The Urban Land Institute (ULI) has released a new study on inclusionary zoning--the Economics of Inclusionary Zoning [http://uli.org/wp-content/uploads/ULI-Documents/Economics-of-Inclusionary-Zoning.pdf]. According to ULI, its purpose is not to address whether inclusionary zoning represents good policy. Rather, it attempts to identify how inclusionary policies can best be designed and implemented in areas where it is being adopted or considered for adoption. For the Bay Area, where inclusionary zoning policies are widespread but market-rate housing production lags, the study's key message is particularly relevant: "The single most important factor for an IZ policy to achieve its goals is a significant and sustained level of market-rate development in the local market."
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