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How Effective Is Inclusionary Zoning in Increasing Affordable Housing?

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National Association of Realtors

500 New Jersey Avenue Northwest

Washington, DC 20001

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REALTOR® University Speaker Series


How Effective Is Inclusionary Zoning in Increasing Affordable Housing?

Edward J. Pinto

Co-director, AEI Center on Housing Markets and Finance and Resident Fellow


April 20, 2018, 12:00 noon–1:00 p.m. (Friday)

NAR Washington D.C. Office, 500 New Jersey Avenue, NW

12th Floor Event Room

(Light lunch starting at 11:45 a.m.)


Inclusionary zoning, which requires developers to allocate a portion of new units to sell or rent at below-market prices to low-income households, has been adopted in several states to increase the supply of affordable housing. Yet this policy can also raise the price of market-rate units and make them less affordable, especially at a time when home prices have been rising strongly due to lack of supply.

In this presentation, Ed Pinto will present evidence from several research studies about the ultimate effect of inclusionary zoning policy on increasing affordable housing. He will also examine how zoning regulations have increased the cost of housing. Finally, he will suggest more effective policies that increase the supply of affordable housing.

Ed Pinto is the Co-Director of the AEI Center on Housing Markets and Finance and is also an AEI Resident Fellow. His research focuses on policy options for rebuilding the US housing finance sector, access to credit, and the availability of affordable housing for working-class families. He created the AEI Pinto-Oliner Mortgage Risk, Collateral Risk, and Capital Adequacy metric, together with AEI resident scholar Stephen Oliner. He was executive vice president and chief credit officer for Fannie Mae until the late 1980s.

Ed Pinto has a J.D. from Indiana University Maurer School of Law and a B.A. from the University of Illinois at Urbana-Champaign. His full CV can be found here.

If you can't attend in person, you can register for the webinar at this link.

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For additional information, please contact SCororaton@realtors.org.


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Location

National Association of Realtors

500 New Jersey Avenue Northwest

Washington, DC 20001

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