NEWPORT BEACH, Calif.—Newport Beach failed to move forward with its plan to create a citywide inclusionary housing ordinance because the number of units required by the state is too “mind-boggling” to be practical for the city. Inclusionary housing is a type of housing program that requires developers to make a certain portion of units within newly built residential complexes affordable for residents with very low, low, and moderate incomes. “I call this the ‘California fairy tale’ that this can all work, when we all intuitively know it can’t work,” Councilman Brad Avery said during the meeting. “And yet, we need to do everything we can to try and make it work, but the city of Newport Beach and the residents get the wrong side of this deal, unfortunately.” The number required by the California Department of Housing and Community Development (HCD) is very hard to achieve, according to the city …