Warning: Full MHA Likely to be Imposed by End of March 2019
We are nearing the end game of the legislative part of Mandatory Inclusionary Zoning (MIZ), the requirement that all new development included rent restricted units or pay a few in lieu of that inclusion. The money generated from this tax would go to fund non-profit housing. I’ve warning and fighting against this for 3 years. […]
Why is Non-Profit Housing So Expensive? Take a Closer Look at Unit Size
We’re waiting for the official release of the Joint Legislative Audit and Review Committee (JLARC) study on why or whether non-profit subsidized housing is more costly to produce than market rate, for-profit housing. Today at Forbes I go on at length about why that is the case. I think the answer may be that market […]
First Read of JLARC Study: More Smaller Units Could Lower Per Unit Costs
The Joint Legislative Audit and Review Committee (JLARC) has released their study of housing costs that we supported in the State Budget in 2017. It was supposed to compare non-profit housing costs with market rate housing costs. It didn’t do that. In spite of our offer to help JLARC get market rate data, they said […]
