Real Estate/Development,
Government,
Administrative/Regulatory
Oct. 20, 2012
Developers seeking new sources of finance after redevelopment agencies vanish
One mechanism receiving more scrutiny today is California's Density Bonus Law.
In the wake of California's elimination of redevelopment agencies, developers of affordable housing are searching for new ways to finance those projects. Builders of market rate homes are also on the lookout for methods to blunt the cost of complying with local inclusionary housing requirements. One mechanism receiving more scrutiny by both types of homebuilders today is California's Density Bonus Law, which allows them to obtain more favorable local development requirements in exchange fo...
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