The Structure and Potential Economic Effects of Inclusionary Zoning Ordinances

  • July 22, 2009
  • • Written by: Dustin C. Read, Ph.D., J.D. 

Summer 2009, Vol. 34, No. 2
Abstract: Inclusionary zoning ordinances encourage the private sector to develop geographically dispersed affordable housing through a unique combination of mandates and incentives. This article summarizes the findings of existing research to consider the potential advantages and disadvantages of this type of land use regulation. Emphasis is placed on the legal structure of inclusionary zoning ordinances and their ability to stimulate the production of affordable housing in different economic environments. The results are intended to help both policymakers and real estate practitioners assess the merits of this regulatory tool.