User:Nicole Lizbeth/Affordable housing by country

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Recent policies to create more affordable housing
In 2009, the San Diego Housing Commission implemented a finance plan that created 810 more units of affordable rental housing through leveraging the equity of its owned properties. The conversion of city-owned buildings into low-income affordable housing was made possible by an agreement made with the Department of Housing and Urban Development in September 2007. The cost of rent and availability of these units for residents will remain consistent, as the city has put in place provisions to make them affordable for at least 55 years. Additionally, because of a concern that the people who need these housing units might be crowded out, the units are only available to residents with an income cap of 80% of the San Diego median.

In 2017, the new Atmosphere building downtown drew attention when it announced that it would be offering 205 apartments to low-income San Diego residents. Residents pay their portion of rent through Section 8 vouchers, and many of the apartments are available only to families who make 30% or less of the median income of the city. The main idea behind the new housing project was to provide a low-rent area for residents who work downtown but who are unable to live near their workplace because of the high costs.

'''In 2021, the passing of bills: SB8, SB9, and SB10 are an attempt to help mitigate the current housing crisis. By extending the Housing Crisis Act of 2019, extending housing production while avoiding displacement of existing tenants, and increasing access to zoning for multi-units these bills aim to improve California's housing supply. The bill is set to increase state provisioning and facilitate the development of denser housing. The idea is to boost California's housing supply by removing barriers to multi-family units and accessory dwelling units. Single-family zoning, which is a historically discriminatory practice, impedes the accessibility of homes and the construction of multi-family units. Thus, another potential solution to affordable housing is inclusionary zoning. The implementation of inclusionary zoning requires incentives to persuade developers to build affordable homes for every market-rate home built. Incentives include density bonuses, fee waivers, and deferral programs. In addition, inclusionary zoning would allow for mixed housing, affording low to moderate-income households the opportunity to purchase in more affluent areas.'''