Dynamic incentives for pro-social cities : an application to affordable housing

Thesis: M. Eng., Massachusetts Institute of Technology, Department of Electrical Engineering and Computer Science, September, 2020

Bibliographic Details
Main Author: Luo, Kara(Kara F.)
Other Authors: Kent Larson.
Format: Thesis
Language:eng
Published: Massachusetts Institute of Technology 2021
Subjects:
Online Access:https://hdl.handle.net/1721.1/129163
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author Luo, Kara(Kara F.)
author2 Kent Larson.
author_facet Kent Larson.
Luo, Kara(Kara F.)
author_sort Luo, Kara(Kara F.)
collection MIT
description Thesis: M. Eng., Massachusetts Institute of Technology, Department of Electrical Engineering and Computer Science, September, 2020
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spelling mit-1721.1/1291632022-03-29T12:54:29Z Dynamic incentives for pro-social cities : an application to affordable housing Luo, Kara(Kara F.) Kent Larson. Massachusetts Institute of Technology. Department of Electrical Engineering and Computer Science. Massachusetts Institute of Technology. Department of Electrical Engineering and Computer Science Electrical Engineering and Computer Science. Thesis: M. Eng., Massachusetts Institute of Technology, Department of Electrical Engineering and Computer Science, September, 2020 Cataloged from student-submitted PDF of thesis. Includes bibliographical references (pages 67-69). With more than half of the world's population living in cities, there is increased emphasis on developing sustainable and resilient urban areas with pro-social characteristics. In particular, the issue of housing affordability has attracted the attention of many urban decision-makers, as housing plays an important role in urban resilience and social equity, and the rising housing prices in cities has created persistent social and economic pressure. A variety of incentive programs have been established across the U.S. to encourage private developers to produce greater amounts of affordable housing units. However, these programs are not frequently updated to reflect the changing demands of the city and have had varying levels of success in terms of producing affordable housing units. In this paper, I review the existing affordable housing programs, determine the crucial factors that would make such programs effective, and I propose a dynamic incentive model that incorporates these crucial factors, and more importantly, dynamically adjusts to reflect the conditions of the city. The proposed dynamic incentive model could facilitate the development of mixed-income residencies with affordable housing units targeting various income levels in the context of the dynamically shifting needs and circumstances of an urban community. by Kara Luo. M. Eng. M.Eng. Massachusetts Institute of Technology, Department of Electrical Engineering and Computer Science 2021-01-06T18:32:11Z 2021-01-06T18:32:11Z 2020 2020 Thesis https://hdl.handle.net/1721.1/129163 1227276258 eng MIT theses may be protected by copyright. Please reuse MIT thesis content according to the MIT Libraries Permissions Policy, which is available through the URL provided. http://dspace.mit.edu/handle/1721.1/7582 69 pages application/pdf Massachusetts Institute of Technology
spellingShingle Electrical Engineering and Computer Science.
Luo, Kara(Kara F.)
Dynamic incentives for pro-social cities : an application to affordable housing
title Dynamic incentives for pro-social cities : an application to affordable housing
title_full Dynamic incentives for pro-social cities : an application to affordable housing
title_fullStr Dynamic incentives for pro-social cities : an application to affordable housing
title_full_unstemmed Dynamic incentives for pro-social cities : an application to affordable housing
title_short Dynamic incentives for pro-social cities : an application to affordable housing
title_sort dynamic incentives for pro social cities an application to affordable housing
topic Electrical Engineering and Computer Science.
url https://hdl.handle.net/1721.1/129163
work_keys_str_mv AT luokarakaraf dynamicincentivesforprosocialcitiesanapplicationtoaffordablehousing