A approach that has been used by many cities to reduce gentrification and protect the rights of the most vulnerable population around the regeneration site is inclusionary zoning (IZ).
IZ is a means of using the planning system to create affordable housing and foster social inclusion by capturing resources created through the marketplace. The term refers to a program, regulation, or law that requires or provides incentives to private developers to incorporate affordable or social housing as a part of market driven developments. This can be achieved either by incorporating the affordable housing into the same development, building it elsewhere, or contributing money or land for the production of social or affordable housing in lieu of construction.
IZ Key points
•Inclusionary zoning is a policy that was first developed in the 1970s in response to exclusionary and often racially segregated “snob zoning.”
•It’s a popular tool for getting the private market to subsidize affordable housing.
•But critics, namely developers and some economists, say the policy reduces the overall supply of housing, thus raising prices.
•Other anti-poverty critics say it’s a Band-Aid that doesn’t adequately address the housing needs of low-income people.
Inclusionary housing is a planning policy to provide affordable housing for low-income people in cities of india.
Inclusionary housing (also known as inclusionary zoning) is a municipal bye-laws or affordable policy that requires a given share of new construction to be affordable for people with low to moderate incomes. 11
As per Rajasthan affordable housing policy At least 15% of the dwelling units/plots (or 5% of the total residential area of the scheme, whichever is higher) are to be earmarked for EWS/LIG housing in each of the private township and residential/group housing schemes. The developer has the option to develop only EWS dwelling units/ plots in lieu of LIG.
As per unified building bye-laws 2017
Inclusionary zoning is intended to reduce economic segregation by mandating that people with a mixture of incomes reside in a housing area. Low income groups live within the neighbourhood of those in a higher economic group. As a result, they might receive assistance to improve their economic condition. Moreover, this housing policy reduces the concentration of poverty in slum areas. Thus, it increases housing accessibility for those with low incomes.
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Urban Development Policies Study notes for M. plan Sem-II
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