Developer perceptions of inclusionary zoning

<p>The City of Toronto is in the midst of an affordable housing crisis. Inclusionary Zoning (IZ) is a planning tool that has been heralded by many as a possible solution and has</p> <p>been widely used in the United States. This study aims to explore the implementation of the City of Toronto's IZ policy, specifically developer perceptions, to understand the potential impacts. IZ requires developers of new residential developments to set aside a portion of the building's total units to be sold or rented as affordable housing. The City of Toronto has opted to implement a mandatory policy with no incentives for developers.</p> <p>This decision has been received poorly by many in the development community and a recurring theme from the interview process is the need for a partnership model. As</p> <p>such, the City of Toronto should embrace and consider ways of supporting IZ outside of financial contributions.</p> <p><br></p> <p>Key Words: inclusionary zoning, development, affordable housing, Toronto, rental, ownership, partnership</p>