Great Recession was missed opportunity for public sector, non-profits to acquire older, lower-cost apartment buildings for long-term affordable housing. (yeah, 20/20 hindsight, plus budget constraints.)
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Frey: another revolutionary thing Minneapolis is doing w/ housing policy, we're spending general tax revenues to produce very-low-income housing. [most mayors like to squeeze greedy developers instead of voters through property tax increases.]
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Frey: "I believe in beautifully diverse neighborhoods" (racially, economically, age/household type). But single-family-exclusive zoning won't let you build them. Legalizing apartments enables diverse neighborhoods.
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Herbert: how much interest is Minneapolis getting from other parts of the country in zoning reform? Frey: tons. [he's not exaggerating.]
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Frey: besides doing zoning reform, maybe there's room for financial incentives. Like making it easier to get a mortgage for a triplex. [this is super important conversation that needs to happen.]
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Herbert: the whole country will be watching Minneapolis over next 5 years. [so, no pressure!
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Frey: housing policy isn't just cities & HUD, state govts play critical role in helping cities fund below-market housing [and could help incentivize zoning reform...]
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Frey: Minneapolis offers property tax reduction to landlords who agree to keep some apartments at below-mkt rents. That helps keep some housing affordable w/out new subsidy. [city does lose revenues, so kind of subsidy]
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here ends the live-tweet + commentary...y'all should go read
@Harvard_JCHS new rental housing report. https://www.jchs.harvard.edu/americas-rental-housing-2020 …Prikaži ovu nit
Kraj razgovora
Novi razgovor -
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Please post the evidence that once the CRA was passed implicit discrimination through zoning increased? Gentrification driven housing displacement is not caused by implicit discriminatory zoning.
Hvala. Twitter će to iskoristiti za poboljšanje vaše vremenske crte. PoništiPoništi
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