Parking Exceptions

Parking Requirements set by local jurisdictions are a significant barrier to the construction of affordable housing.

Each residential parking space costs $25,000 or more in land and development costs, which is either borne by residents or requires greater public subsidy. In urban areas parking garages costs are even greater, often $30,000-$50,000 per space.

Many jurisdictions offer exceptions to parking requirements as incentives to builders for low-income or moderate income housing, especially if the development is downtown, near a public transportation hub or has some other transportation alternatives provided such as carshare.