Alabama Real Estate Practice Exam

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Prepare for the Alabama Real Estate Exam. Utilize flashcards and multiple-choice questions, each coupled with hints and explanations. Ace your upcoming test!

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What is the goal of inclusionary housing policies?

To increase luxury housing stock
To provide low and moderate income housing in new constructions
To diminish the value of market rate units
To exclusively support high-income households

The correct answer is: To provide low and moderate income housing in new constructions

Inclusionary housing policies aim to provide low and moderate income housing in new constructions, which is option B. Option A is incorrect because it is the opposite of the goal; inclusionary housing policies do not focus on increasing luxury housing stock. Option C is incorrect because these policies do not seek to diminish the value of market rate units, but rather create a mix of affordable and market rate housing in a community. Option D is incorrect because the goal is not to exclusively support high-income households, but instead to provide housing options for a diverse range of incomes.