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Gaithersburg Should Rethink Its Affordable Housing Plan

Publication Date: 
Wed, 12/13/2006
News Source: 
Article Intro: 

When it comes to incentives to build, developers are agnostics. They will accept incentives or make concessions as long as they believe they can make a profit in the end. Municipalities nationwide have successfully devised ingenuous and fiscally responsible policies to encourage redevelopment of aging moderate- and low-income housing units. These development incentives include tax credits, higher zoning density, affordable housing trust funds or subsidized financing.

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