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Summary: National Center for Smart Growth Research and Education
College Park, Maryland 20742-1411
301.405.6788 TEL 301.314.5639 FAX
http://www.smartgrowth.umd.edu
FOR IMMEDIATE RELEASE
Contact: John W. Frece
(301) 405-6799, jfrece@umd.edu
Study Shows Effect Inclusionary Zoning Policies
Have on Production, Cost and Size of Housing
COLLEGE PARK, Md. (March 4, 2008) -- A new University of Maryland study
shows that policies aimed at increasing the stock of affordable housing can stimulate
construction of multi-family housing, but may also push up the price and reduce the size
of single family houses that are built within the cities that adopted the policy.
The study by the National Center for Smart Growth Research and Education and
funded by the National Home Builders Association examined so-called "inclusionary
zoning" policies implemented in California from 1998 to 2005. Inclusionary zoning
generally requires home builders to incorporate a certain number of moderately priced
housing units within new subdivisions as a means of assuring that housing will be
available for people with lower incomes.
"These results are fully consistent with economic theory and demonstrate that
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