Value Capture and Land Policies, Gregory K. Ingram and Yu-Hung Hong, eds., Lincoln Institute of Land Policy, 2012
33 Pages Posted: 29 Nov 2012
Date Written: February 7, 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.
Keywords: Housing Affordability, Inclusionary Zoning, Community Land Trusts
JEL Classification: R31
Suggested Citation: Suggested Citation
Voith, Richard and Wachter, Susan M., The Affordability Challenge: Inclusionary Housing and Community Land Trusts in a Federal System (February 7, 2012). Value Capture and Land Policies, Gregory K. Ingram and Yu-Hung Hong, eds., Lincoln Institute of Land Policy, 2012. Available at SSRN: https://ssrn.com/abstract=2182127