Here's a neat little primer on the arithmetic behind affordable/inclusionary housing requirements. It's by Rick Jacobus, someone we teamed with many years ago when we were developing urban Main Street programs in the Bay Area. Spoiler alert: Affordable unit requirements don't affect market-rate prices, but they may serve as a disincentive to new production. Rick illustrates the simple equation with an elegant diagram.
The Community Land Use and Economics Group is a small, specialized, consulting firm that helps community leaders create vibrant downtowns and neighborhood commercial centers. Our work focuses on developing forward-looking economic transformation strategies, with particular emphasis on cultivating locally owned businesses, removing regulatory and financial barriers, creating effective incentives to stimulate new investment, reusing older and historic commercial buildings, and outlining practical implementation plans. Our clients include local and state governments, nonprofit organizations, business improvement districts, developers, and planning firms in the US and abroad.