In its consideration of an affordable housing policy for new residential development, the Naperville City Council is leaning toward incentives and voluntary parameters over mandates and penalties.
An “inclusionary zoning ordinance” is one of several action items proposed to address the city’s long-standing goal of increasing its affordable housing stock. Such a policy would set guidelines for incorporating an affordable component into future housing projects, which proponents say would provide developers with direction and a clarity of vision that has been lacking in the city’s existing code.
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