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Three Years of Inclusionary Zoning Nets More Affordable Housing, Multi-Family Development in Atlanta
The city of Atlanta has released an analysis of the first three years of an Inclusionary Zoning policy for neighborhoods around the Beltline. February 10, 2021, 7am PST | James Brasuell |
Pamela Miller reports on the details of the report, noting that the city s Inclusionary Zoning program was created to create more affordable housing for low-and-moderate income residents in Atlanta. As of December 2020, there were 362 dedicated affordable units in some stage of development in compliance with the Inclusionary Zoning program, reports Miller of the report s findings.
Previous experiences in other cities cautions against going so far with Inclusionary Zoning requirements that developments are no longer financially viable. Atlanta seems to have avoided that consequence, however. The report also shows that overall multifamily development in the Inclusionary Zoning area cont