By the California Housing Partnership The California Housing Partnership recently analyzed data from the first three years of program awards of CalHFA’s Mixed Income Program (MIP) to assess its impact to date and compare it with other longstanding affordable housing finance programs on such factors as development type and location, levels of affordability, and costs. MIP was created by Read More
CALIFORNIA AFFORDABLE HOUSING NEEDS | 2022 REPORT CALIFORNIA, March 30, 2022 — State leaders are making an effort to increase the resources supporting California’s lowest income renters, committing significantly more funding just in the past two years to combat homelessness and displacement. Our state’s housing affordability challenges, decades in the making, will be improved by these and sustained long-term Read More
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
“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
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
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
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
The California Housing Partnership joins CSG Advisors and HR&A Advisors, Inc. in highlighting the urgent need for local governments to carefully weigh the potential pitfalls and opportunity costs associated with using property tax exemptions to finance the conversion of luxury apartments into government-owned middle-income housing in California. Joint powers authorities (“JPAs”) acting on behalf of profit-seeking private investors have been asking many local governments across the Read More
The California Housing Partnership is pleased to announce the launch of the next phase of our Affordable Housing Map & Benefits Calculator! The newly expanded data tool serves as a comprehensive inventory of California’s state- and federally-subsidized affordable housing and now includes a forward-looking Benefits Calculator that enables policymakers, planners, affordable housing providers and advocates to estimate the social, economic, Read More
For Immediate Release: Friday, October 8, 2021 Contact: Adam Bink | abink@spitfirestrategies.com | 716-725-4569 (cell) Leading housing advocates call for Build Back Better investment in affordable housing As Congress and the White House continue to negotiate infrastructure package, advocates note once-in-a-lifetime investment opportunity Sacramento, CA – Amid surging rent prices and a startling increase in the number of Californians experiencing homelessness, Housing California, Read More