This would be nothing unusual in many metro areas: a requirement that builders of new housing who seek out tax incentives promise to allocate a share of their units as “affordable” according to federal guidelines of affordability for low- and/or moderate-income families. Specifically, we’re talking about a requirement that “any new residential development receiving tax incentives have at least 20 percent of units reserved for affordable housing.” The specific deal described in the Detroit News is for a project where... Read more