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CENTER FOR <br /> C) <br /> Inclusionary Housing A Series :of R�'-O:1i ,Y, .5 �-31 C'/� BH ,C'fS <br /> NODS IRG POLICY <br /> After the Downturn: <br /> \ ew Challences and Opportunities <br /> for Inclusionary Housinç <br /> By Robert Hickey <br /> February 2013 <br /> SUMMARY <br /> This paper examines how inclusionary housing policies fared during the nation's <br /> historic housing downturn, as well as the major issues and opportunities that <br /> confront inclusionary housing today, as the housing market begins to recover. <br /> While most inclusionary policies survived the downturn, gi,,--,: `, ,i rt <br /> eight key challenges have come into greater focus over - '4- . i.'. <br /> the past five years,affecting inclusionary policies in vari , .. r _ .,.� <br /> ous parts of the country. These include— among others M <br /> —new restrictions on applying inclusionary requirements , - ,....% �°� , <br /> to rental housing, a shift in development patterns to- . <br /> ward"infill"settings where developments costs are often y , ' 'f i <br /> higher,and lingering difficulties selling affordable homes !I <br /> produced through inclusionary policies in a number of —,.... .ti > A 94: 1 <br /> communities. ` <br /> At the same time, new opportunities have emerged for <br /> communities seeking to establish or expand their in- <br /> A family stands in front of their inclusionary home under <br /> clusionary housing programs. In spite of the downturn, construction by the Housing Land Trust of Sonoma County <br /> some jurisdictions have added or intensified their poli- in Petaluma(CA). <br /> cies in areas experiencing significant upzoning and/ <br /> or major new transit investments. In addition, the U.S. creating opportunities for jurisdictiors to learn from <br /> Department of Housing and Urban Development(HUD) one another about new ways to strengthen policies <br /> has intensified scrutiny of local housing policies that and make them more workable for private developers. <br /> impede fair housing choices,creating new openings for <br /> local conversations about the potential of inclusionary This paper, the first in a series, focuses on key <br /> housing policies to affirmatively further fair housing. challenges while hinting at creative responses worth <br /> Finally, new difficulties have spawned new creativity, further study and experimentation. <br /> MI NATIONAL <br /> THE CENTER FOR HOUSING POLICY IS THE RESEARCH AFFILIATE OF THE III HOUSING <br /> am II CONFERENCE <br />