Preserving and Expanding Affordability in Neighborhoods Experiencing Rising Rents and Property Values

Jeffrey Lubell
Abt Associates Inc.

To ensure that low- and moderate-income households can continue to afford to live in neighborhoods experiencing rising rents and property values, local governments will need to adopt comprehensive strategies that make use of multiple policy levers. This article outlines a framework for thinking about the necessary local policies organized into six components: (1) preservation, (2) protection, (3) inclusion, (4) revenue generation, (5) incentives, and (6) property acquisition.