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I believe you are referring to inclusionary zoning, which requires developers to offer 20% or so of onsite units at below-market rent, but also allows developer
by kevinburke 9y ago
I believe you are referring to inclusionary zoning, which requires developers to offer 20% or so of onsite units at below-market rent, but also allows developers to offset this by paying for the equivalent of 30% of the number of units in an offsite development.