City of San Luis Obispo looking to ramp up affordable housing production
“An updated draft of the Inclusionary Housing Ordinance would require 5 percent of new development to be low income. Another 5 percent would be moderate-income, meaning that 10 percent of new housing in the city would be below market rate value.
Officials say it’s a step in the right direction.
‘I think a dent is a great word for it,’ McClish said. ‘I mean it’s not a solve everything tool, but it’s one of the tools and I think it’s a good one.'”