Research Proposalassessing the Potential Impact of the Cornuba Inclusionary Housing Project on the Affordability Housing in South Africa.
School of the built enviroment and developmets studies –UKZN –Howard Collage | Assessing the potential impact of the Cornuba Inclusionary Housing project on the affordability housing in South Africa | RESEARCH PROPOSAL | | N Ngcobo 211508894 | 8/14/2013 |
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1. TOPIC:Assessing the potential impact of the Cornuba Inclusionary Housing project on the affordability housing in South Africa.
2. BACKGROUND TO THE RESEARCH
CONTEXT
The municipal and county planning regulations that necessitates that a given share of new construction in any new development should be affordable by people with low to moderate incomes is referred to as Inclusionary zoning/Inclusionary housing. Inclusionary zoning regulations seek to eradicate Zonings practices which seemed to be more exclusionary hence excluding /bypassing low cost housing from a municipality through the zoning code. Inclusionary Housing Policy Internationally therefore puts to practice the deed restrictions on 10%-30% of new houses or apartments in order to make the cost of the housing affordable to lower-income households. The mix of "affordable housing" and "market-rate" housing in the same neighborhood is seen as beneficial by political activists. Economists Surname date considers the program as a price control on a percentage of units, which negatively impacts the supply of housing.
With inclusionary housing, construction of low- and moderate-income housing is linked to construction of housing in the marketplace, by mandating developers to provide the affordable units in an otherwise market-driven development. In doing so, inclusionary housing not only generates units affordable to low- and moderate-income families, but also provides opportunities for racial and economic integration. With inclusionary housing, affordable housing units are built concurrently with market-rate housing, sidestepping community opposition to the siting of low-income housing within their boundaries.
The
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1. TOPIC:Assessing the potential impact of the Cornuba Inclusionary Housing project on the affordability housing in South Africa.
2. BACKGROUND TO THE RESEARCH
CONTEXT
The municipal and county planning regulations that necessitates that a given share of new construction in any new development should be affordable by people with low to moderate incomes is referred to as Inclusionary zoning/Inclusionary housing. Inclusionary zoning regulations seek to eradicate Zonings practices which seemed to be more exclusionary hence excluding /bypassing low cost housing from a municipality through the zoning code. Inclusionary Housing Policy Internationally therefore puts to practice the deed restrictions on 10%-30% of new houses or apartments in order to make the cost of the housing affordable to lower-income households. The mix of "affordable housing" and "market-rate" housing in the same neighborhood is seen as beneficial by political activists. Economists Surname date considers the program as a price control on a percentage of units, which negatively impacts the supply of housing.
With inclusionary housing, construction of low- and moderate-income housing is linked to construction of housing in the marketplace, by mandating developers to provide the affordable units in an otherwise market-driven development. In doing so, inclusionary housing not only generates units affordable to low- and moderate-income families, but also provides opportunities for racial and economic integration. With inclusionary housing, affordable housing units are built concurrently with market-rate housing, sidestepping community opposition to the siting of low-income housing within their boundaries.
The