New Study Finds Fault with Oft-Cited Justification for Government-Mandated Affordable Housing Requirements in California

SACRAMENTO, CA – November 16, 2011 – (RealEstateRama) — According to a new study released today, the use of residential nexus analysis (RNA) in determining inclusionary housing percentage requirements and in-lieu fees for both residential and commercial development is unreliable and often produces highly inflated affordable housing requirements and in-lieu fees, the California Homebuilding Foundation announced today.