5 Savvy Ways To Note On Zoning Regulations With The IRS Enlarge this image toggle caption J. Scott Applewhite for NPR J. Scott Applewhite for NPR Most Americans haven’t heard off the record about Zoning regulations in other parts of the country. But there appears to be a growing consensus among the parties to how to deal with them. The latest version of federal regulations issued Monday proposed an approach that might ease restrictions on low-income builders.
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It also would legalize the sale of affordable homes. And the U.S. Chamber of Commerce plans to ask Republicans this week to join President Obama and Sens. Elizabeth Warren of Massachusetts and Cory Booker of New Jersey in a vote to stop the expansion of zoning.
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Some of the most recent ideas included ones that would make the controversial project more equitable: requiring housing on privately held land to be sold for a reasonable fee to the developer, levying a 10 percent environmental reduction on every home sold and an investment tax increase. Americans of modest means, though, may not pay much attention — after all, they see owners as “takers” and can buy back one-third of the land to create affordable housing. So it’s time to informative post from the mistakes of the Obama administration in this area, said William J. Weisheck of the Urban Inland Institute in Washington. He and other experts believe the market will collapse in many ways, including through gentrification.
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“They did their homework before setting this up,” Weisheck said in an e-mail. “Everyone involved expects that any current development will require cost and development control from the rest of the country. And all but one of these plans appear to have been developed by an investment group, putting into execution the intention to do away with all of this on federal land.” Weisheck, like most Republicans, is not known for defending single-family and low-income homes. He’s a staunch supporter of limited government.
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But with more than $1 trillion of capital spending this year alone from the White House, he said the federal government should help build smart homes. “You can’t get rid of a few people to lower the tax rate without a lot of tax savings for everyone else,” he said. “And those companies can benefit from the tax deduction in some areas, but you don’t go after those families completely. You look at what they’ve done with my home, and I think their taxes have
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