Connecting Workforce Affordable Housing and Light Rail in North Carolina’s Triangle Region
Abstract
In many metropolitan regions across the country, higher housing costs around urban
cores, job centers, and public transit are forcing lower-wage workers to move farther
away from work to find more affordable housing. The link between public transportation
and affordable workforce housing is especially important to the Research Triangle
region in North Carolina due to the proposed rail investment, which could raise housing
values near the stations. Therefore in order to mitigate gentrification and displacement
in the region, this report analyzes 15 possible policy tools related to the Triangle’s
housing infrastructure. Using multi-attribute utility analysis, a ranking of the 15
policy tools is generated; Federal Low Income Housing Tax Credits ranked number one,
Inclusionary Zoning ranked last. Going a step further, the best combination of policy
tools, along with potential applicable rail stops, is determined for workforce housing
preservation and creation of rental and owner units. The product is a management and
policy guide for client, local policy-makers, and housing developers to place workforce
housing near light rail.
Type
Master's projectPermalink
https://hdl.handle.net/10161/5260Citation
Alunkal, Maya (2012). Connecting Workforce Affordable Housing and Light Rail in North Carolina’s Triangle
Region. Master's project, Duke University. Retrieved from https://hdl.handle.net/10161/5260.Collections
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