When the Minneapolis City Council adopted its inclusionary zoning ordinance, together with its Unified Housing Policy, in late 2018 there was optimism that the ordinance would result in the creation of much needed affordable housing in the city.  The ordinance mandates a minimum percentage of 10-20 percent of units within multifamily buildings be affordable where

When policymakers debate new regulatory policies, including those relating to housing, invariably someone will identify that such regulations come at a price, oftentimes a high price.  This usually triggers the response that complying with the regulations will be the “greedy” developer/builder’s problem and they can simply take it out of their profits.  It’s a nice,