a strong town naturally blends housing styles at many different price points.
This can be accomplished with several tactics:
- Encourage small-scale incremental development to empower local residents and increase community wealth.
- Adjust zoning laws to allow for more choices within the marketplace.
- Remove distortions in the federal mortgage market which favor the creation of single-family homes while discouraging any other housing style. (We explored this concept in depth in a series of articles in February 2016.)
You don't need to be a city councilor or real estate developer to shape the future of housing in your town.
A new redevelopment plan for an empty site in St. Paul, MN has pitted neighbors against neighbors, and blurred the lines of typical narratives that explain opposition to urban development.
Do you care about increasing housing options and ensuring that your town can appropriately house its residents?
Become a member of Strong Towns, the movement that is pushing for true housing choice and a resilient housing market.
By making it more expensive to build market-rate housing, inclusionary zoning has the potential to actually reduce access to housing.