Municipal strategies for affordable housing : incenting an exacting public goods from private developers

Thesis (M.C.P.)--Massachusetts Institute of Technology, Dept. of Urban Studies and Planning, 2007.

Bibliographic Details
Main Author: Goldstein, Ari Alowan
Other Authors: Langley Keyes.
Format: Thesis
Language:eng
Published: Massachusetts Institute of Technology 2008
Subjects:
Online Access:http://hdl.handle.net/1721.1/40120
_version_ 1826205383471923200
author Goldstein, Ari Alowan
author2 Langley Keyes.
author_facet Langley Keyes.
Goldstein, Ari Alowan
author_sort Goldstein, Ari Alowan
collection MIT
description Thesis (M.C.P.)--Massachusetts Institute of Technology, Dept. of Urban Studies and Planning, 2007.
first_indexed 2024-09-23T13:12:08Z
format Thesis
id mit-1721.1/40120
institution Massachusetts Institute of Technology
language eng
last_indexed 2024-09-23T13:12:08Z
publishDate 2008
publisher Massachusetts Institute of Technology
record_format dspace
spelling mit-1721.1/401202019-04-12T14:58:18Z Municipal strategies for affordable housing : incenting an exacting public goods from private developers Goldstein, Ari Alowan Langley Keyes. Massachusetts Institute of Technology. Dept. of Urban Studies and Planning. Massachusetts Institute of Technology. Dept. of Urban Studies and Planning. Urban Studies and Planning. Thesis (M.C.P.)--Massachusetts Institute of Technology, Dept. of Urban Studies and Planning, 2007. Vita. Includes bibliographical references (p. 118-122). This thesis studies the next generation of municipal housing policy by asking, "How can cities effectively use the private-sector to promote affordable housing development?" In response, it looks at an array of public-sector municipal policy tools ranging from incentives to exactions. In particular, it focuses on tools that are able to leverage hot real estate markets, such as inclusionary zoning, linkages, and tax abatements. A framework for understanding the constraints and opportunities of past and future policies is established by looking at the economic, legal, and political implications of these exactions and incentives. The interplay of the three forces has affected and will continue to shape the policies that cities are able to implement. Two cities, Boston and New York, each with hot real estate markets, large shortfalls of affordable housing, and sophisticated public policy makers are studied in detail within the overarching framework. Generally, it is argued that effective policy implementation depends on strong market values for residential and commercial real estate, specific legal authority or a grant of broader municipal autonomy from the state, and active political coalitions of affordable housing advocates and developers with a receptive political administration. (cont.) While it is ideal to have alignment of these economic, legal, and political conditions, policies need only two of the three legs to begin to walk. The thesis elaborates on how cities can parlay their particular strengths into effective policies. Additional lessons and implications are also identified and the most promising policies are outlined, with special attention paid to how they could be structured and advanced further in the case study cities and for the first time in other municipalities throughout the United States. The thesis seeks to help municipal policy makers, housing advocates, and private developers understand the array of policy options and the forces that influence their viability. by Ari Alowan Goldstein. M.C.P. 2008-02-04T20:48:23Z 2008-02-04T20:48:23Z 2007 2007 Thesis http://hdl.handle.net/1721.1/40120 187160039 eng 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. http://dspace.mit.edu/handle/1721.1/7582 123 p. application/pdf Massachusetts Institute of Technology
spellingShingle Urban Studies and Planning.
Goldstein, Ari Alowan
Municipal strategies for affordable housing : incenting an exacting public goods from private developers
title Municipal strategies for affordable housing : incenting an exacting public goods from private developers
title_full Municipal strategies for affordable housing : incenting an exacting public goods from private developers
title_fullStr Municipal strategies for affordable housing : incenting an exacting public goods from private developers
title_full_unstemmed Municipal strategies for affordable housing : incenting an exacting public goods from private developers
title_short Municipal strategies for affordable housing : incenting an exacting public goods from private developers
title_sort municipal strategies for affordable housing incenting an exacting public goods from private developers
topic Urban Studies and Planning.
url http://hdl.handle.net/1721.1/40120
work_keys_str_mv AT goldsteinarialowan municipalstrategiesforaffordablehousingincentinganexactingpublicgoodsfromprivatedevelopers