SAVI Reports - Page 33

Improving access to high-quality education and equipping people with marketable skills goes a long way in increasing opportunities for housing options and other goods and services. Place-Based Housing Strategies There are opportunities to take advantage of complementary investments and location efficiencies. For example, cities have sought to ensure that they maintain affordable units proximate to public transit as a way of to control the total burden that housing and transportation represents for low-income families. Likewise, many projects that were funded under the Low Income Housing Tax Credit have affordability periods that are expiring, which means that the rent protections built into those properties no longer apply or will no longer apply in the near future. Many of these projects are in efficient locations, proximate to transit, employment centers, and other social services. Preserving affordability for those locations that efficiently serve the needs of lowincome residents is another potential priority area, especially if that strategy can be paired with additional neighborhood investments, or if those units are in neighborhoods already experiencing market-based appreciation. Reducing regulatory restrictions on supply could help bring additional units online to meet some of the additional demand and provide for a variety of housing types and ownership structures. A zoning ordinance that allows for a mix of housing (single-family, duplexes, smallscale multifamily, larger scale multifamily) 29