The development of new affordable housing in the U.S. relies on a complex and fragmented financing system. The Low-Income Housing Tax Credit (LIHTC) program has been the primary source of new affordable housing in the past few decades. But the growing gaps between what a typical LIHTC project can raise in equity and its total development costs—along with policy decisions Read More
Acquisition-rehab (acq-rehab) has gained significant momentum in the past few years to create affordable housing and to stabilize communities in California. Local pilot programs have inspired policy campaigns across the state and significant public investment both at the local and state level. The acquisition of occupied, unsubsidized properties (often referred to as “NOAH”) and preserving these homes as permanent affordable Read More
Every May during affordable housing month, SHA in partnership with the California Housing Partnership releases the annual needs report for Sacramento County, and other local jurisdictions. We are going live on May 12th at 12pm (via Facebook Live) to discuss the report and what this means for thousands of families in need of an affordable home in our region. Read More
This month, Governor Gavin Newsom’s administration reported a quarter of a million Californians experiencing homelessness requested help in 2020—numbers that skyrocketed from previous estimates in some Bay Area counties. The Golden State is lauded for its job opportunities and diverse population, but it’s also the state with some of the highest housing and transportation costs in the nation. Now, Californians Read More
Join us for Skid Row Housing Trust’s Virtual Community Meeting at 12:00pm PDT where we will be discussing Roadmap Home 2030.
Have you heard about California’s Roadmap Home 2030? For too long, efforts to solve California’s struggles with housing and homelessness have been short-sighted and disconnected. Now systemic racial injustice, a widening wealth gap, and a shortage of affordable homes are threatening the health and livelihoods of all Californians. The Roadmap Home 2030 is a bold, ten-year vision to create a Read More
LIHTC Lender/Investor Series, Part III Join the California Housing Partnership on Thursday, November 12th (10:30 am to 12:00 pm) for a post-election discussion of: The outlook for federal tax law changes affecting the state’s supply of tax-exempt bonds and improvements to the Low Income Housing Tax Credit (LIHTC) Anticipated effects on California’s LIHTC market under various scenarios This session is intended Read More