Strategies

Require developers to reserve a proportion of housing units for residents with low incomes via mandatory requirements or incentives, such as density bonuses

Acquire, hold, manage, and develop properties such as vacant lots, abandoned buildings, or foreclosures, and transition them to productive uses, often affordable housing developments

Provide funds to households with low incomes to meet home energy needs, especially for households with children, older adults, or individuals with disabilities

Provide funding via tax credits at the state and local level to support development and rehabilitation costs of low income rental housing

Establish tenant protections via regulations to the housing rental market such as limits on rent increases and eviction protections for tenants with low incomes; typically via rent stabilization

Provide industry-focused education and job training based on the needs of regional employers within specific sectors

Provide short-term employment opportunities for youth, especially those from disadvantaged backgrounds

Create designated tax districts that generate revenue to invest in affordable housing initiatives, blight remediation, and economic development efforts

Establish time-limited, subsidized, paid jobs to help individuals with barriers to employment transition to unsubsidized employment

Provide participating high school students with professional opportunities that combine academic and on-the-job training or mentorship