Posts Tagged ‘affordable housing’

Conveyance of Local Government Property for Affordable Housing

Tuesday, September 20th, 2016

A developer of affordable housing for low and moderate income persons has approached the City and County about an affordable housing project near the City’s downtown. The developer’s plan is to acquire and assemble two adjacent parcels—one owned by the City and one owned by the County—and then develop 20 units of affordable housing on […]

Local Government Support for Privately Constructed Affordable Housing

Tuesday, June 21st, 2016

County officials from Tarheel County as well as City officials from the county seat were approached by two residential developers who are seeking to construct housing that is affordable to low and moderate income (LMI) persons. One developer, DoGooder Inc., is a private, for-profit developer who intends to construct multi-family housing in which half of […]

A Primer on Inclusionary Zoning

Tuesday, November 16th, 2010

As part of its comprehensive planning process, a town commissioned a housing study to determine whether its current and projected housing stock is adequate to meet the needs of its local residents and workforce. The results weren’t terribly surprising. Most of the town’s service sector and public sector workforce (for example, retail workers, police, and […]

Taxation of Affordable Housing in Community Land Trusts

Tuesday, December 15th, 2009

Imagine that you own a home, but not the land on which it sits. You’re a tenant on the land, subject to a 99-year ground lease. As a condition of the ground lease, you are permitted to sell your home only to a household earning less than the community’s median wage, and the ground lease […]