This housing
development “toolkit” was made public by the White House with a goal of helping
local governments remove impediments to the construction of more affordable
housing. According to the toolkit’s executive summary, a “growing severity of
under supplied housing markets is jeopardizing housing affordability for working
families, increasing income inequality by reducing less-skilled workers’ access
to high-wage labor markets, and stifling GDP growth by driving labor migration
away from the most productive regions.”
As a result, the
toolkit outlines key actions that states and local governments can take to reduce
barriers to affordable housing, including:
- Enacting both high density and multifamily zoning;
- Streamlining or shortening the permit process;
- Eliminating off-street parking requirements;
- Establishing density bonuses; and
- Employing inclusionary zoning.
Full Document
White House Toolkit on Housing DevelopmentStaff Resource
Related Resources
- Fannie Mae Chair Sheila Bair and CEO Hugh Frater Stepping Down
- Fannie Mae Announces Expanded Housing Choice Initiative
- ACTION Coalition Letter to Treasury Regarding Community Development Tax Incentives
- Department of Labor Proposes Update to Davis-Bacon that Could Hinder Development
- Real Estate Coalition Letter To House Supporting Section 8 Bill