Press Release: Amid Worsening Housing Crisis, California Legislators Seek to Combat Imminent Loss of Affordable Housing

Innovative New Tax Credit Would Help to Preserve 25,000 Units of Affordable Housing Over the Next Five Years FOR IMMEDIATE RELEASE: Thursday, February 10, 2022 Dana Alpert Legislative/Communications Assistant SACRAMENTO, CA — Today, Assemblymember Jesse Gabriel (D-Woodland Hills) introduced Assembly Bill (AB) 1911, which would create a new tax credit program to preserve at least 25,000 units of affordable housing Read More

How Many Affordable Homes are At Risk of Conversion in California?

The current California affordable housing crisis will only worsen if nothing more is done to protect the thousands of subsidized affordable rental homes at risk of market rate conversion. According to the Affordable Homes At Risk | 2022 Report by the California Housing Partnership, 20,792 subsidized affordable rental homes have already been lost through conversion to market rate units and 7,053 more are at Read More

Press Release: Berman Introduces Legislation to Boost Affordable Housing Supply

FOR IMMEDIATE RELEASE: Tuesday, February 15, 2022   SACRAMENTO – Today Assemblymember Marc Berman (D-Menlo Park) announced that he has introduced two bills, AB 2006 and AB 2063, focused on addressing barriers to the production of affordable housing. These bills support the state’s goals to provide more affordable housing opportunities for Californians.   “California has a dire shortage of affordable housing,” said Read More

Press Release: Senator Becker Introduces Bill to Cut Costs for Affordable Housing Projects in California

Legislation would free up significant financial resources for affordable housing developments by shifting individual project reserves to a pooled statewide model SACRAMENTO — Senator Josh Becker introduced a bill today to substantially reduce costs for affordable housing projects in the state by enabling affordable housing developers to make the best use of limited financial resources. “We must do everything in Read More

Press Release: Governor Newsom Announces New Awards to Create 2,300 Housing Units

FOR IMMEDIATE RELEASE: Contact: Governor’s Press Office Thursday, February 3, 2022 (916) 445-4571 Governor Newsom Announces New Awards to Create 2,300 Housing Units Under California Housing Accelerator program, affordable housing projects get the funds they need to break ground, creating much-needed housing for those most in need SACRAMENTO –  Governor Gavin Newsom today announced more than $923 million in awards Read More

Statement on Governor Newsom’s Budget 1/10/2022

“We applaud Governor Newsom’s proposal to make new short-term investments that will help California communities reduce the negative impacts of the homeless and housing crises. But the roughly $2 billion in proposed new investments in preserving and expanding the supply of affordable and sustainable homes spread over the next two years falls far short of the $17.9 billion a year that California’s Roadmap Read More

Reaching Decarbonization Goals through the Electrification of Affordable Housing

In order to meet climate goals set by the state, cities across California have passed, or are considering efforts to pass, new local building energy codes aimed at decarbonizing new and existing buildings. These will have significant implications for the state’s multifamily affordable housing stock. State agencies such as the California Air Resources Board (CARB) and the California Energy Commission Read More

Affirmatively Furthering Fair Housing: A Path Forward for California’s Housing Agencies

Addressing Segregation and Unequal Access to Opportunity in California with Affordable Housing Investments: A Path Forward for a Comprehensive Approach   State housing funding agencies recently implemented program changes to prioritize addressing residential segregation and its harmful effects, specifically through the creation of affordable housing in opportunity-rich neighborhoods.   A new policy brief from Dan Rinzler of the California Housing Partnership and José Read More

Who Can Afford to Rent in California’s Many Regions in 2021?

As California’s housing crisis has deepened in recent years, more and more families have been affected, leading some state and local leaders to consider investing scarce resources to help the households earning at (or even above) the area median income (AMI). But what does the data show concerning the ability of moderate-income households to afford market rents in different parts Read More

New Research: Rents Increase For Low-Income Californians During COVID-19 Pandemic

The prevailing narrative across much of California during the pandemic has been that rents have fallen dramatically in the state’s most populated urban centers, as residents fled in search of more space, causing rents in suburban and ex-urban areas to increase in turn. New research from the California Housing Partnership, as described in this policy brief, challenges the ubiquity of Read More