New Orleans city officials are contemplating a significant shift in their affordable housing plan, as recommended by HR&A Advisors. The proposed change involves abandoning the current mandatory inclusionary zoning policy, which requires developers to allocate a certain percentage of units as affordable. Instead, the city is considering a voluntary approach, asking developers to make five percent of units affordable citywide. This proposal has sparked debate, with some housing advocates supporting it due to soaring building costs and delays, while others express concern about conceding to real estate interests. The recommendations will be discussed by the City Planning Commission, but any changes are still far from becoming law.
The Daily News Now! - Every city. Every story. Powered by AI.
Hosted on Acast. See acast.com/privacy for more information.