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 households at each income level to afford market rents Read More
Advocates and experts have gone on the record to say that inflation is exacerbating the housing affordability crisis in the Bay Area as families do not have as much disposable income to cover cost-of-living increases. An article in the SF Chronicle discussed how, “inflation means a Bay Area resident will spend $4,400 more the same stuff this year” compared to Read More
Decades of systemic racism and economic inequality have led the cost burden of renter households to vary across racial groups, which can be seen by looking at the charts available in the California Housing Partnership’s Housing Needs Dashboard. Typically, households are considered cost burdened if thirty percent or more of their income is allocated towards housing costs and severely cost Read More
This year’s state budget authorized $2.9 billion to fund new and existing housing programs and $3.4 billion to assist individuals experiencing homelessness. While these investments are substantial, this allocation is not to scale for California’s growing 1.2 million housing-cost-burdened population. According to the Roadmap Home 2030, California needs to invest $17.9 billion a year to have the capacity to create Read More
A recent study completed by a team of graduate student researchers at the Goldman School of Public Policy raises major doubts about statewide efforts to reduce rent for middle income renters under current middle-income housing programs and raises new equity concerns. California’s middle income housing program has grown substantially in the last three years and currently includes over 12,000 units. Read More
Announcing new updates to the Partnership’s online Housing Needs Dashboard data tool (chpc.net/housingneeds) and new housing need reports for all 58 California counties During #AffordableHousingMonth this year, the California Housing Partnership has newly released Affordable Housing Need Reports for all California counties. These reports track the progress of local, regional and state leaders’ initiatives to alleviate the housing instability Read More
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
Launching our inaugural microblog! Throughout the year, the Partnership’s Research team will spotlight various key points from our recent research to provide you with extra perspectives on the issues surrounding housing affordability in California and the research and data tools being developed by our team to better understand the challenges + how they can be overcome. As more businesses, schools, 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