What does the State Plan do?
- Promotes avenues to make housing more affordable such as inclusionary zoning, zoning changes, and increased density in targeted areas.
- Encourages municipalities to use their existing infrastructure to support higher-density housing.
- Identifies techniques to increase property values, thereby increasing property tax revenue to fund public infrastructure and services.
- Encourages the establishment of public-private partnerships to create more affordable housing options.
- Facilitates the fulfillment of municipal affordable housing obligations by identifying creative ways to incorporate affordable housing in new developments.
Why it matters:
- Enhances workforce diversity and supports local private and public service needs.
- Ensures safe housing for people from all income levels.
- Increases infrastructure efficiency and reduces infrastructure costs.
- Increases property tax revenues to improve public services such as better schools and public spaces.
- Increases the availability of affordable housing near residents’ work or schools.