Lessons in finance bonding for affordable housing

Tax Increment Financing

Can finance bonding be centred more on affordable housing as well as infrastructure? Some interesting nuances and lessons can be drawn when using a Tax Increment Financing (TIF) model in San Francisco, especially given the abandonment of California’s redevelopment agencies (RDAs). If historically focusing on policy, the abolition of the RDAs in California may have inadvertently cut-off the principal supply of funds for redevelopment that includes much needed affordable housing. What is needed is some reflective lesson learning for the management of land and property development. Particularly with respect to funding mechanisms and agencies that can implement and develop affordable housing.

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