Laserfiche WebLink
<br />- <br /> <br />centage from 10. to 20. percent on develop- <br /> <br />ments where a zoning change that increases <br /> <br />residential density is granted; and 3) Diversify <br /> <br />the income targeting to reach mDre working- <br /> <br />clasS people in Chicago. Rather than targeting <br /> <br />the affDrdable hDmeS to. households at or <br /> <br />belDW 10.0. percent of AMI target a third of the <br /> <br />homes to hDuseholds at or belDw 100. percent <br /> <br />Df AMI, Dne-third to. hDusehDlds at or below <br /> <br />80. percent of AMI, and one-third to house- <br /> <br />hDlds at or belDw 60. percent of AMI. <br />BDston recently began using city median <br /> <br />income figures instead ofthe metro median <br />. me fi"ures to accomplish the same objec- <br />IncO 0 . <br />tive of making the affDrdable units "more <br /> <br />affordable." <br />Whatever the outcome, it appears likely that <br /> <br />.Cl;Jicago'S inclusionary hDUsing pr.ograms will <br />expand to cover more de~elopment types. With <br /> <br />tl;Je passage of the mayor's ordinance as pro- <br />. d .he Chica"o way would now entail an <br />.pose . , L 0 <br />exlDaAded ARO(including city land, increased <br /> <br />",demsity, financial assistance, Dr access to the PUD <br /> <br /> <br />crafted with the genuine input and involve- <br />ment of all stakeholders (developers and <br />advocates alike), everyone pays a little bit <br />and no one pays too much. <br />In determining who pays, the pDlitics of <br />develDpment, density, and cDmmunity cDntrol <br />'prDvide the finaldeterminatiDn. Of course, no. <br />group wants to be the sDle payer-nDt devel- <br />opers, nDtthe community, not landDwners, <br />not home buyers. How inclusionary housing <br />programs are designed depends on the level <br />of interest, DrganizatiDn, and relative pDlitical <br />clDut Df the interest groups listed abDve. <br />Under a mandatory approach with well- <br />crafted cost offsets, the risk can be bDrn fairly <br />equally. Under a mandatory approach withDut <br />generous or guaranteed cost offsets, it is the <br />develDpment community, the landowners, and <br />the market-rate homebuyers who assume the <br />risk of paying for the cost of the affordable units. <br />Under a voluntary approach, it is the broader <br />community that will most likely foot the bill <br />(either through overly generous cost offsets or <br /> <br />In determining who pays, the politics of <br />development, density, and community control <br />provide the final determination. <br /> <br />. ess); a Aeighborhood-based program in <br /> <br />aAd a downtown density bonus program. <br /> <br />E5S0NS <br />.~ilCago way and the experience of other <br />.clti:es pwvide key lesSDns about inclu- <br />''''holllsilr.lg programs. <br />'-g free lunch. With affordable housing, <br />:8nrr,i""ersally true-someone must foot <br />')A gem era I, under traditional afford- <br />.u$i:mg programs or initiatives, it is the <br />..,Theyprovide the public financing or <br />. .o.wned property to subsidize the cost <br />" howshilg mDre affordable. <br />:j,li[;lUer amill:rdusiDnary housing program, <br />. 'r.n.ao/ be tlmclear at first. When a city <br />for afifr,lruability, developers might have <br />tlmwl!lgln ,educed profits; landowners <br />fila!\le to pay tin ro ugh reduced selling <br />um land or buildings that now must <br />e some "affordable hDusing; market-rate <br />\trlllyers r.nigliit have to pay through <br />reased prices; or the community might have <br />'paytm;rough cost Dffsetsthat increase den- <br />w3,iVe fees, or reduce off-street parking. <br />lJ:m:der a well-crafted ordinance that takes <br />accoumt local market conditions and is <br /> <br />through missed opportunities that fail to produce <br />much-needed affordable housing). In Chicago <br />and New YDrk City, the risk is assumed by the <br />broader community; in Denver, San Diego, <br />Boston, and San Francisco, it shades towards the <br />development community. <br />Be creative. Chicago, New York, and <br />Boston have not embraced a citywide, manda- <br />tory approach, but all use some form of inclu- <br />sionary housing policy. Chicago's downtown <br />density bonus program is a creative respDnse <br />to the political and policy thicket of how to <br />make inclusionary housing wDrk in a diverse <br />city with competing political forces. Chicago <br />should be applauded for this innovation. <br />Cities need to find all viable ways to harness <br />the marketplace for affordable housing. <br />Be aggressive. Building booms are <br />fleeting. Cities' need to be nimble and ready <br />to act fast with prudent policies that will <br />allow them to reap the benefits of the next <br />building bODm. Chicago has missed many <br />opportunities for creating and preserving <br />affordable housing. Cities should not be <br />afraid to empioy mandatory approaches in a <br />prudent manner to capture as much devel- <br />opment as possible. <br /> <br />Memorialize your polides. Negotiated and <br />ad hoc pDlicies will no doubt serve a positive <br />role in many local governments. However, an <br />ordinance, executive order, or even public regu- <br />latiDns that provide a clear, predictable policy <br />for the development community is essential. <br />Without them, developers cannot appropriately <br />price land or buildings and incorporate the cost <br />of affordable housing into their pro formas. In <br />additiDn, the application of one's hDusing pol- <br />icy may become even more the result Df political <br />clout than is already the case in Dur compli- <br />cated wDrld. Establishing clear, public, and pre- <br />dictable programs is gODd government and <br />good development policy. <br />Do more than zone for affordability. <br />Inclusionary housing Dr zoning for affordabil- <br />ity is not a panacea for the housing crisis or <br />for community and economic develDpment, <br />but it is a very important tool. Cities must IDDk <br />to Dther tools: securing more federal, state, <br />and city dollars for affDrdable housing and <br />using city-owned vacant land fDr affDrdable <br />housing. Zoning for affDrdability .cannot solve <br />the housing crisis alone, but it can playa very <br />impo.rtant role. <br /> <br />- - ~ - -- ~ - - . - ' <br />, - - "- . <br />~ COveT image by ~istOl:lcpho10; :design , . , <br />concept iJy LIsa B~tDn . _ . '. <br />- -. <br />~ ~~ - <br /> <br />VOL. 24, NO.3 <br />Zoning Practice is a monthly publication or the <br />American Planning Asaociation. Subscriptions <br />are avaHable for $75 (U.s.) and $100 (foreign). W. <br />Paul"Farmer, FAIC?, Executive Dire!:tor; William R. <br />Klein; AIC?, Director of Research. <br /> <br />Zoning Practice (ISSN 1548-0135) is produced at <br />APA. Jim Schwab. AIC?, Editor; Michael Davidson, <br />Guest Editor; Julie Von Bergen. Assistant Editor; <br />Lisa Barton, Design and Production. <br />Copyright '92007 by American Pianning <br />Association, 122 S. Michigan l'we., Suite 1600.. <br />Chic3go. IL 60603. The i>.merica-n Planning <br />Association also has offices at 1776 <br />Massachusetts Ave., N.W., Washington, D.C. <br />20036; www.planning.org. <br /> <br />All rights reserved. No part of this publication <br />may be reproduced or utilized in any rOnT1 Dr by <br />any means, electronic Dr mechanical, including <br />photocopying, recording, Dr by any information <br />storage and retrieval system, without permission <br />in writing from the /',merican Planning <br />Association. <br /> <br />?'iinted on recyded pape:r, including 50.70D/O <br />recycled fiber and 10% postcon'sumer waste. <br /> <br />ZONING PRACTICE 3.0? n 1 <br />AMERICAN PL~NNING A5socIAn~ '1' p ge 7 <br />