3 ms·
This article kinda misses the point. Even if your only goal is to produce more affordable/low income housing, and you do not believe that market rate housing h
by stale2002 8y ago
This article kinda misses the point.
Even if your only goal is to produce more affordable/low income housing, and you do not believe that market rate housing helps, you still have to admit that upzoning helps with the problem.
This is because in major cities, like San Francisco, there are low income housing requirements for many new housing projects.
Or in other words, if a company builds an expensive apartment complex, they might be required to make 20% of those apartments as affordable housing stock.
Therefore, upzoning areas still definitely creates more affordable housing stock (because of that 20%), and should therefore be desirable for people who care about this issue.
I am sure that many developers would increase the percentage of affordable housing that they create, if they were offered height limit relaxations in return. Ie, they can build that 30 story apartment complex, that was disallowed previously, if they make ~30% affordable.
Housing upzoning efforts should be focused on these unilateral wins that help everyone.