The Inclusionary Housing Policy

The Inclusionary Housing Policy requires developers to include a certain percentage of affordable homes within new residential projects or contribute to a fund for affordable housing. This aims to create diverse communities by ensuring that people of all income levels can live in new developments. The goal is to promote socioeconomic integration, increase housing options, and address shortages of affordable housing in high-demand areas. Essentially, it helps balance growth with community needs by making housing more accessible for low- to moderate-income residents.