What provisions are made for affordable housing in the Act?

Provisions for affordable housing in the Act refer to measures and regulations put in place to address the issue of affordable housing availability. These provisions aim to ensure that a certain percentage of housing units within a given development or project are designated as affordable. They may require developers to set aside a percentage of units for low-income individuals or families, or provide incentives for builders to create affordable housing options. Additionally, the Act may include measures to protect existing affordable housing stock from being converted or demolished. These provisions play a crucial role in promoting social equity and providing accessible housing options for those with lower incomes.

This mind map was published on 26 November 2023 and has been viewed 108 times.