An examination of the problems associated with affordable housing in Orange County and possible solutions to the problem.
Written in 2009; 7,013 words; 13 sources; MLA; $ 157.95
Paper Summary:
This paper examines the issue of the dramatic increase in housing prices in Orange County and throughout the state and local residents' growing concerns about their ability to continue to afford to live and work in Orange County. The paper first looks at the pros and cons to affordable housing development. It then presents potential solutions to the problem, corresponding costs and benefits along with recommendations.
Table of Contents:
Introduction
Problem Under Study: Affordable Housing
Overview of the Present Situation
Resources and Constraints
Alternative Courses of Action
Recommendations
From the Paper:
"While all of these policies are tools that jurisdictions can utilize in order to improve their ability to motivate much-needed affordable housing development within their communities, when considered individually, each is only a partial solution to a complex problem. Prior to adopting any of these policy solutions, it is important for communities to consider their unique characteristics (i.e. political, economic, social conditions), for these should be taken into account when developing its policy/ordinance. Essentially, local jurisdictions require local solutions. Although this paper's emphasis has been on motivating the development of affordable housing, it is necessary to recognize that both market rate and affordable housing provide the community with benefits. Market rate housing benefits the community by supporting revitalization and lifting neighborhood property values, while affordable housing benefits the community by allowing for a diverse community (e.g. workforce, seniors). While the benefits of each clearly differ, each can be perceived as complementing the other. We would like to note, that in considering alternative solutions, we opted to de-emphasize the federally funded Section 8 program after reviewing budget analysis, which revealed that funding for this particular program has been consistently cut over the course of the past several years."
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