Response to local and regional affordable housing shortage

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Reference no: EM132230108

In 2010, the City A enacted a residential inclusionary zoning ordinance in response to a local and regional affordable housing shortage. This ordinance required developers of residential property of 21 or more units to set aside 20% of units for sale at an affordable price for low income buyers.  Developers challenged the zoning ordinance claiming that it was an unconstitutional regulatory taking.

Provide an efficient compensation rule. Explain your answer including why the rule you have chosen is efficient.

What information would the court need to know to implement the efficient compensation rule? Explain your answer.

Reference no: EM132230108

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