AB 71 Ending Tax Break on Second, Vacation Homes Clears Key Assembly Committee

Sacramento, CA – The California Housing Consortium (CHC) applauds the Assembly Tax and Revenue Committee’s approval today of AB71 (Chiu) by a vote of 7-2. The Bring California Home Act, A CHC-Sponsored bill, is a critical investment in easing the state’s housing affordability crisis that is hammering every community across the state. “Decisions at the […]

State legislature must pass AB 71 to address affordable housing crisis

UCLA alumni, CHC Executive Director Ray Pearl with CHC Policy Director Marina Wiant co-authored an op-ed that ran in today’s Daily Bruin. It calls on the state’s legislators to match the ingenuity of UCLA students by doing their part and investing in affordable housing. Read full version here: UCLA Daily Bruin Op-ed: State legislature must […]

Governor’s Revised Budget Proposal Ignores State’s Housing Crisis

Sacramento, CA – The California Housing Consortium released the following statement from Executive Director Ray Pearl on Governor Jerry Brown’s revised budget proposal for Fiscal Year 2017-2018: “California has made a bold commitment to protect the health and well-being of our residents from federal action that undermines these priorities, so it is deeply disappointing to […]

Affordable housing drying up across Bay Area, report finds

Skyrocketing rents, shrinking incomes and severe cuts in state- and federal-government support for affordable housing have made it far harder for lower-income Bay Area residents to find a place to live, according to a report being released Friday. http://www.sfgate.com/bayarea/article/Affordable-housing-drying-up-across-Bay-Area-11122543.php

‘Housing crisis’ tops state’s legislative agenda this year

The Orange County Register – Despite obstacles, Ray Pearl, executive director of the Los Angeles County-based California Housing Consortium, believes 2017 will be the year the state gets its act together and addresses its housing problems. The recent passage of a massive funding bill for road repairs shows the governor and Legislature are capable of […]

Survey shows impact of costly L.A. housing on employer-employee relationship

The high cost of housing is adding to Los Angeles employers’ challenge of retaining employees. That’s according to the new report and survey, “The Affordable Housing Crisis in Los Angeles: An Employer Perspective,” issued recently by the Los Angeles Business Council Institute (LABC).

New website offers tools to solve housing crisis and #BringCAHome

California Economic Summit —  With so many news headlines about skyrocketing rents, the housing crisis has become a well-known hazard to life in California, like earthquakes or wildfires. But when you consider that 1 in 3 families are barely making their rent each month and our economy is suffering under the burden of the super-inflated […]

Assembly Democrats say addressing the housing affordability crisis is next, but hurdles loom

Addressing California’s housing affordability crisis is the next priority of Assembly Democrats, nine lawmakers said at a Monday press conference at a downtown Sacramento low-income housing complex. Assemblyman David Chiu (D-San Francisco) said that after legislators passed a major transportation funding package earlier this month, housing was the state’s most significant unresolved issue. “Like transportation, […]

There are 130 housing bills in the California Legislature. What will the state do?

The state’s tight housing market has led to rising home prices, soaring rents and rampant tenant displacement. With more than 130 housing-related bills in the Legislature, state lawmakers are seeking to address the widening crisis. The bills range from proposals to streamline the permitting process for new development, impose new fees on real estate transactions […]

CA Economic Summit assesses progress towards One Million Homes Challenge in letter to Legislature and Governor

CHC signed on to a letter from the CA Economic Summit assessing the progress toward the One Million Homes Challenge in the 2017-18 legislative session. While over 100 housing bills have been introduced, offering a dizzying array of potential solutions, the question remains: Are these initial proposals focused on the right issues and will these efforts be […]