Geared to address a growing crisis of housing affordability, the Placer County Board of Supervisors approved a series of new initiatives aimed at kickstarting construction of 2,640 new affordable homes over the next 20 years.
In order to eventually meet Placer’s state obligation for new affordable housing units, the board approved funding for the implementation of a new pilot program to accelerate affordable housing construction and directed staff to work with stakeholders to consider creation of a new private housing trust to close an expected funding gap to build them.