Definitions for "Inclusionary Zoning"
Method used to create affordable housing units, community diversity and equity. Developers may be required or provided with incentives to develop a certain percentage of affordable housing units.
The establishment of zoning regulations which create incentives or requirements for affordable housing development. This can include set-aside requirements or density bonuses for developers.
A system that requires a minimum percentage of lower and moderate income housing to be provided in new developments. Inclusionary programs are based on mandatory requirements or development incentives, such as density bonuses.