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Developing mixed-income housing overview

When considering whether to focus public resources on developing mixed-income housing, cities, towns, and counties may want to consider the following:
  • “Mixed-income” is a flexible label that can be used to describe many types of developments, but most commonly refers to projects that include a mix of market-rate units and units dedicated to serving low-income households.
  • Mixed-income development can be a useful tool to prevent new or break up existing concentrations of poverty, although it may not be politically or economically feasible in all neighborhoods.
  • A mixed-income approach can make development more feasible, but also introduces risks that can make it harder to secure public and private financing.

 

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