- Habitat III
- Volume 19, Number 2
- Managing Editor: Mark D. Shroder
- Associate Editor: Michelle P. Matuga
Urbanizing for Equity: Harnessing Upzones as a Redistributive Policy Tool
University of Washington
Alternative land use policies are needed to ensure equitable housing. This article explores the often lottery-like characteristics of significant land value increases that certain property owners realize following local zoning changes. Traditionally, property owners enjoy a financial windfall from land use modifications when provided the opportunity to redevelop to a higher density or sell to a developer. We propose an alternative policy that enables cities to capture a portion of this land value increase in order to fund housing equity priorities.
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