|Concessions for Affordability||<– Date –> <– Thread –>|
|From: R Philip Dowds (rpdowdscomcast.net)|
|Date: Sun, 15 Jul 2012 14:45:25 -0700 (PDT)|
Folks — The City of Cambridge has something called "inclusionary zoning", which stipulates that all "large", private residential developments must include "affordable" dwelling units made available to the City for below-market housing controlled by the City. I have no problem with this; in fact, I was one of the citizen activists promoting the idea 15 years ago. Interestingly enough, Cornerstone Cohousing was the first private development to be captured by inclusionary zoning, and now has 4 affordable units as a permanent part of its 32-unit mix. The details of how all this works are not important here. What we're trying to figure out is, Should assessments on the affordable units be discounted, relative to the assessments on the market rate units? So my questions are ... Do you have a comparable program of subsidized units in your coho community? And, if so ... What consideration in assessments, or other requirements, do you extend to "affordable" units, such that they remain "affordable", and that your community thus supports economic diversity? R Philip Dowds AIA Cornerstone Cohousing 175 Harvey Street, Unit 5 Cambridge, MA 02140 617.354.6094
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