What incentivizes developers in inclusionary zoning practices?

Study for the IEDC Real Estate Development and Reuse Exam. Harness the power of flashcards and multiple-choice questions, each enriched with hints and explanations. Get ready for success!

Developers are incentivized in inclusionary zoning practices primarily through the opportunity to increase density for affordable housing. This type of zoning typically requires developers to include a certain percentage of affordable units within their projects. In return, developers are often allowed to build more units than would be permitted under standard zoning regulations, effectively increasing the density of their projects.

This increased density can lead to higher overall rental income or sales revenue, which offsets the costs associated with the inclusion of affordable units. Additionally, the ability to expand the size and scale of a development can make a project more financially viable, providing a clear financial incentive for developers to participate in inclusionary zoning initiatives.

Other options may present valid benefits or motivations in different contexts, but the specific structure of inclusionary zoning practices centers around the capacity for increased density, making this the most compelling incentive for developers.

Subscribe

Get the latest from Examzify

You can unsubscribe at any time. Read our privacy policy