Name: Inclusionary Housing Submarket Area
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Description: These are the submarket areas that are used to identify certain requirements from the Inclusionary Housing Ordinance, which was adopted on November 10, 2020 by the Board of Supervisors (for full ordinance, click here).The text below is taken from portions of the EIR:In response to the local and statewide housing crisis, the County is working to increase housing choice, affordability and livability in the unincorporated areas. One piece of the County's overall plan is the proposed IHO. Inclusionary housing ordinances have been adopted in more than 500 jurisdictions in the United States and can be an effective strategy for creating mixed-income housing projects and mitigating economic segregation by dispersing affordable housing throughout the community. The primary focus of an inclusionary housing ordinance is the provision of affordable housing units with market-rate housing developments.Given the geographic, social, and economic diversity of the unincorporated areas, submarket areas were identified based on similar land use, real estate markets, and development activities. The boundaries of each submarket area were determined to ensure that individual unincorporated areas were entirely located within one submarket area. Date added to SDE: 12/9/20
Copyright Text: Los Angeles County, Impact Sciences (EIR)
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IHO_RENTAL
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