November 02, 2007
Wealth Creation and Affordability in Inclusionary Housing
Balancing Wealth Creation and Affordability
A workshop at the National Inclusionary Housing Conference
October 31, 2007
Inclusionary housing ordinances can produce vital community assets and valuable personal assets. Should the programs seek
to preserve these community assets, or allow residents of the affordable units to reap the full rewards of homeownership?
This session examined various techniques for balancing these two important goals, including resale provisions that utilize
shared appreciation formulas and community land trusts.
Moderator: Carla Robinson, Research Director, National Housing Institute, Montclair, New Jersey
Rick Jacobus, Partner, Burlington Associates in Community
Development, Oakland, CA
Dev Goetschius, Executive Director, Housing Trust of Sonoma County, Petaluma, California
Myrna Melgar, Director of Homeownership Programs, San Francisco Mayor's Office, San Francisco, California
Materials:
Resale Formula Comparison Tool
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Additional Resources:
Preservation of Affordable Homeownership: A Continuum of Strategies
Shared Equity, Transformative Wealth
Posted by Rick Jacobus at November 2, 2007 09:20 PM