Density Bonus
Allows developers to build more units than would ordinarily be allowed, in exchange for a commitment to include a certain number of below-market units.
Allows developers to build more units than would ordinarily be allowed, in exchange for a commitment to include a certain number of below-market units.
Accelerated permitting process for developers of projects where some or all of the units are reserved for lower-income households.
Policies that reduce off-street parking requirements.
Waive or reduce administrative or infrastructual fees for developers of qualifying projects to reduce the cost of affordable development.
These tax incentives can be offered to developers, building owners, and owner occupants who create or preserve affordable housing.
Capping the amount of property tax that homeowners have to pay as a share of their income.