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Balancing trade-offs between the quantity, quality, and location of affordable housing overview

When deciding how to balance spending on the quantity, quality, and location of affordable housing, local jurisdictions may want to consider the following:
  • Within a single jurisdiction or local housing market, the cost of developing affordable housing is driven by a range of factors. Chief among them are the quality and the location of the proposed development.
  • High-quality affordable housing includes characteristics and amenities that increase its durability and attractiveness relative to lower-quality units, but these features often come at a greater up-front cost.
  • Affordable housing in safe neighborhoods close to transit, jobs, and high-quality schools may provide more benefit to residents relative to housing in other areas, but the cost of land will likely be significantly higher.

 

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