Massachusetts Institute of Technology
Density bonuses and affordable housing in California : examining the economic impact on three cases
Abstract
dc:description.abstractThe State of California faces a shortage of housing in many of its urban and suburban communities. This shortage has led to increasing home prices and there has been growing citizen demand to address housing affordability. The California State government recognized in 1992 that incentives were needed to stimulate the development of both housing that was designated for low-income residents and housing that was priced at market rate. The government understood that any law that acted as a further exaction on private developers would be counterproductive to their goals and thus adopted a density bonus program, to be implemented by local planning authorities, with the creation of California Government Code Sections 65915 through 65918. The paper will use three case studies to analyze the law's effectiveness as an incentive to private developers. By understanding the impact of the density bonus on individual projects, we will be able to make detailed insights into what is successful and what problems exist with the current program.
Degree
thesis:*- Department dc:contributor.department
- Massachusetts Institute of Technology. Dept. of Urban Studies and Planning.
- Grantor dc:publisher
- Massachusetts Institute of Technology
- Year dc:date.issued
- 2003
Author and committee
dc:creator, dc:contributor.*- Author dc:creator
-
- Skiles, Kevin, 1974-
- Advisor dc:contributor.advisor
-
- David Geltner.
Subjects
dc:subject × 1Rights
dc:rights- Statement dc:rights
-
- M.I.T. theses are protected by copyright. They may be viewed from this source for any purpose, but reproduction or distribution in any format is prohibited without written permission. See provided URL for inquiries about permission.
- Licence dc:rights.uri
- Language dc:language.iso
- eng
Identifiers
dc:identifier.*- Handle dc:identifier.uri
- http://hdl.handle.net/1721.1/29772
- OAI identifier oai:identifier
- oai:dspace.mit.edu:1721.1/29772