Ann recently completed a Master of Public Policy at the Goldman School of Public Policy at the University of California, Berkeley. She is currently a Policy Consultant for the Cornerstone Partnership and the head graduate student re-searcher for the Petris Center on Health Care Markets and Consumer Welfare. Prior to joining Berkeley, Ann was a senior research analyst for ECONorthwest, a consulting firm based in the Pacific Northwest, and a junior economist for Global Financial Integrity, a research and advocacy group in Washington D.C. In August of this year, Ann will join the Legislative Analyst’s Office in Sacra-mento as a Fiscal and Policy Analyst.
Amidst falling real wages for middle income Americans and rising real home prices, concerns about housing affordability have grown. In response, many cities have pursued inclusionary housing policies, which require developers to build units on-site as affordable or to pay a fee when constructing new market rate development. Yet many cities face a dearth of information about the when and how to implement these policies. Specifically, cities face competing and contradictory information about whether these policies promote or re-strain overall affordability. When a city decides to implement an inclusionary policy, there is still debate over which policy type—a fee-focused program or unit-focused—is in the best interest of its residents.
In this presentation, Ann will present research from her study that informs this debate in two ways. First, using original quantitative research of inclusionary programs in California, this study examines the market effects of inclusionary housing policies, including on housing affordability and the cost of new market rate development. Second, using a case study approach and interviews with key experts, this study provides guidance on when and how cities should implement various forms of inclusionary housing policies. While there is no “one-sized-fits-all” inclusionary housing policy for all cities, this presentation concludes with a variety of specific and actionable recommendations to help guide policymakers in a variety of city types.