Land Use & ZoningIntermediateNorth Carolina Exam
Under NC's 'inclusionary zoning' policies (where adopted), developers may be required to:
AInclude commercial space in all residential projects, as is typical in most transactions
BSet aside a percentage of units at below-market rents or prices for affordable housingCorrect
CProvide public parking in all new developments
DInclude green space in all multi-family projects
Why Set aside a percentage of units at below-market rents or prices for affordable housing Is Correct
Answer B: Set aside a percentage of units at below-market rents or prices for affordable housing
Inclusionary zoning requires developers to include a percentage of affordable housing units in new residential developments, either on-site or through in-lieu fees, to address affordable housing needs.
Key Land Use & Zoning Terms in This Question
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Key Terms to Know
Zoning
Local government regulations that control land use by dividing areas into zones specifying permitted uses, building sizes, and densities.
VarianceOfficial permission to use land in a way that does not conform to the applicable zoning ordinance, granted by a zoning board when strict enforcement would cause undue hardship.
Eminent DomainThe power of government to take private property for public use, with the requirement to pay the owner just compensation.
Adverse PossessionA doctrine by which a person can gain legal title to another's land by openly, continuously, and adversely occupying it for a statutory period.
State-Specific Concepts
DRE Regulation
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