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Discussion <br />of Key Findings <br />In total, the study identified 1,019 IH programs in <br />734jurisdictions atthe end of 2019. of these, 685 IH <br />programs were traditional programs and 99% offered the <br />option to complete affordable units on the site of a new <br />development. Nine out of 10 programs applied to both <br />single-family homeownership and multifamily rental <br />programs. Although the GSN-identified programs are <br />in 31 states and the District of Columbia, nearly three- <br />quarters of programs are in New Jersey, Massachusetts, <br />and California alone. <br />This study finds that, while adoption of new programs <br />has slowed somewhat since 2010, overall, IH programs <br />in the nation are growing more numerous and <br />evolving, which reflect a growing willingness by local <br />governments nationwide to ask for greater affordability <br />from developers. Since 2011, an average of 19 new IH <br />programs have been adopted annually. In addition, IH <br />policy strengthening and adaptation to market dynamics <br />is common, as the GSN study found that two out of five <br />policies have undergone significant legislative updates in <br />the past three years, and one in five was under review at <br />the time of survey. <br />161 <br />The predominant option for developers to contribute to <br />affordable housing is to build affordable units on-site, <br />with the second most offered option allowing developers <br />to contribute in -lieu fees to an affordable housing fund. <br />A majority of IH programs target low-income households <br />earning 50%-80% of area median income (AMI), and <br />rental programs generally serve lower-income levels than <br />homeownership programs. <br />Overall, inclusionary housing programs <br />in the nation are growing more <br />numerous and evolving. <br />Most IH programs have affordability requirements that <br />last for 30 years or longer, and it is common for programs <br />to restart the affordability term upon resale. This <br />necessitates updating and preserving these units so that <br />they may remain viable affordable homes long-term. <br />This study also sheds light on patterns of program design. <br />For example, the average set-aside for affordable units <br />is 16% of housing units, and 29% of IH programs require <br />20% or more of housing units to be set aside at affordable <br />prices on-site. For linkage/impact fee programs, fee rates <br />vary widely across programs, but the fee rate is often set <br />too low to build the same number of affordable units <br />through a fund receiving fees as an on-site option can <br />build. California, Massachusetts, and New Jersey show <br />distinct patterns in some program features in comparison <br />to IH programs outside of these three states. <br />