Inclusionary Housing Policy

Inclusionary Housing Policy requires developers to include a certain percentage of affordable housing units within new residential developments. The goal is to promote economic diversity by ensuring that people with varying income levels can live in the same community. Typically, this policy helps create mixed-income neighborhoods, making housing more accessible to lower- and middle-income residents while supporting community integration. Developers might meet requirements by building affordable units directly or contributing to funds that support affordable housing elsewhere. Overall, it aims to balance development with equitable access to housing opportunities.