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under the system. There have always been far more housing units <br />proposed than allocated under the program. However, since it was <br />just instituted in 1978, units constructed have not equaled <br />approvals granted under the program. The time involved in the <br />growth control process has escalated housing costs. Idle time <br />in the housing market always means higher costs, especially with <br />constantly rising financing and construction costs. Finally, the <br />program encourages monitary contributions to a housing fund <br />and a public works fund. The contributions total $925.00 per unit <br />and are more than likely passed on to the buyer by the developer. <br />Recognizing these added costs, the City Council has exempted <br />certain subsidized housing projects and small apartment develop- <br />ments from the program in order to keep their costs low. Addi- <br />tionally, monies from the housing fund are to be used to help <br />subsidize worthy lower income housing projects. <br /> <br />Zoning Authority: Zoning is the process local governments under- <br />take to regulate land use on real property. The types of zoning <br />districts generally include: agricultural, residential (single- <br />family/multi-family), commercial, office, industrial, and public. <br /> <br />Zoning can limit the supply of housing since it restricts the <br />amount of land available for residential use. Sometimes a devel- <br />oper may not be able to build on a seemingly attractive lot <br />because it is not appropriately zoned, and he must either look <br />for another site or apply to rezone the property. The time <br />involved in this process adds to the cost of the housing. <br /> <br />-99- <br /> <br /> <br />