Recently, the Terner Center for Housing Innovation released a working paper that explores how a Massachusetts Policy, Chapter 40B, could be adopted to expand affordable housing in California. The authors note that Chapter 40B was successful because it streamlined, simplified, and reduced the cost of creating affordable housing.
When Chapter 40B was first enacted, only 4 of the 351 cities and towns in Massachusetts had 10 percent or more of their housing that was considered affordable to low- and moderate income residents. By 2012 that number jumped to 40 and included 3 affluent suburbs.
Some residents were concerned that expanding affordable housing to their town would reduce property values. However, the authors note that this did not occur.
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