The Affordability Challenge: Inclusionary Housing and Community Land Trusts in a Federal System
Econsult Corporation; University of Pennsylvania - Wharton School, Department of Real Estate
Susan M. Wachter
University of Pennsylvania - Wharton School, Department of Real Estate
February 7, 2012
Value Capture and Land Policies, Gregory K. Ingram and Yu-Hung Hong, eds., Lincoln Institute of Land Policy, 2012
Inclusionary housing and community land trusts (CLTs) are two mechanisms used to increase the stock of affordable housing. This chapter examines the potential of these mechanisms to provide long-term (“durably”) affordable housing in the United States, where there is strong local government and significant competition among local jurisdictions. In particular, it assesses the role of land value capture in enabling these mechanisms to provide for such housing.
Number of Pages in PDF File: 33
Keywords: Housing Affordability, Inclusionary Zoning, Community Land Trusts
JEL Classification: R31Accepted Paper Series
Date posted: November 29, 2012
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