2 COMMENTS

  1. As with most things, the devils (and the angels) are in the details. Inclusionary Zoning can be implemented to compensate developers for the lost-profit (and higher regulatory costs) associated with mandatory affordable units — or not.

    Typically, inclusionary zoning (IZ) requirements kick in on developments that exceed a certain number of units. If the IZ requirements are onerous and they are applied to projects that exceed 10 units, one might find that suddenly there are more projects for 9 units. If the nature of the IZ requirements causes developers to restrict the number of units that they build, the end result might be counter-productive. So, pay attention to the details of the IZ program and do the math.

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