mixed-income housing
MIKST IN-kum HOW-zing
mɪkst ˈɪŋkəm ˈhaʊzɪŋListen
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Dictionary meaning
a residential development strategy that deliberately combines housing units affordable to households across a range of income levels within the same building, block, or neighbourhood; intended to prevent economic segregation, reduce concentrated poverty, provide affordable housing options in high-opportunity areas, and create socially integrated communities; mixed-income development may be achieved through inclusionary zoning requirements, cross-subsidy models, or public-private partnerships where market-rate units fund below-market units within the same project
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