TOP 5 LIST
JANUARY 2017
TOP 5 IDEAS HOW LOCAL GOVERNMENTS CAN CREATE AFFORDABLE HOUSING
Eminent Domain
- rezone and deed restrict foreclosed
properties
- re-develop large properties into
multi unit
- collaborate with local banks and
contractors
Deed Restrictions
- New home construction must include
deed restricted units
- Government projects must include
housing for government employees
- New Construction & Renovations by
HOAs, Resorts & Hotel must include on-site year-round employee
units
Rent Controls
- Deed restricted
- Property registry & inspection
- Slum lord enforcement
Zoning & Permitting
- Flexible permitting for new units,
lock-offs etc.
- Sub divide large properties
- Reduces community carbon foot print
Taxes
- 1% on second homes sales toward
affordable housing and development fund
- tax benefit for creating
home-owners creating year-round deed restricted unit(s)
- occupational privilege tax on
businesses using seasonal employees for affordable housing fund
other benefits…
+ grow year-round local workforce to
support growing shoulder and summer seasons
+ grow year-round community to
support local economy and build year-round business
+ long-term strategies to limit
potential impacts of climate change on property values