1. Inclusionary zoning: Inclusionary zoning policies require developers to include a certain percentage of affordable housing units in new residential developments in exchange for various benefits such as tax breaks or density bonuses.
2. Tax incentives: Cities can provide tax incentives to developers or property owners who provide affordable housing units in their developments.
3. Land trusts: Cities can create community land trusts that acquire land and lease it out to developers at reduced rates for the purpose of building affordable housing units.
4. Density bonuses: Cities can offer density bonuses to developers who include affordable housing units in their developments, allowing them to build more units on a given piece of land.
5. Streamlining regulatory processes: Cities can streamline the regulatory processes for affordable housing developments to make it easier for developers to build and provide affordable housing.
6. Transit-oriented development: Cities can encourage the development of affordable housing near transit hubs to provide affordable housing options and encourage the use of public transportation.
7. Mixed-use developments: Cities can encourage mixed-use developments that integrate affordable housing units with commercial and retail spaces.
8. Preservation of existing affordable housing: Cities can adopt policies to preserve existing affordable housing units, such as rent control or anti-displacement measures, to prevent residents from being pushed out due to rising housing costs.
9. Collaboration with non-profits: Cities can collaborate with non-profit organizations to provide affordable housing and support services to vulnerable populations.
10. Public-private partnerships: Cities can develop partnerships with private developers and investors to finance and build affordable housing units.
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