fromSan Jose Spotlight
6 hours agoOp-ed: Inclusionary for who? The quiet re-redlining of San Jose's housing policy - San Jose Spotlight
The original policy tied private development to the public good. When developers built new market‑rate housing, they had to include affordable homes, some as low as 30% or 50% of the area median income (AMI) or pay fees that helped finance deeply affordable homes elsewhere. It wasn't perfect, but it at least tried to ensure that new development included racial diversity and people at the bottom of the income ladder.
Real estate