SB 2 Funding Affordable Housing Passes Senate Appropriations Committee

Sacramento, CA – The California Housing Consortium (CHC) applauds the Senate Appropriations Committee’s approval today of SB 2 (Atkins). The Building Homes and Jobs Act creates an ongoing funding source to create affordable housing without having a state general fund impact. “With the harsh reminder again just this week that the five-county Southern California region alone needs […]

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 […]

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 […]

Legislature Adjourns with Little Action on Tackling CA Housing Affordability Crisis

When 2016 began, we had high hopes this would be the year state leaders would finally make headway on a housing affordability crisis. They called the shortfall of affordable homes “one of the key threats to our economy,” a driver of the state’s “a high homeless population,” a “costly” problem for local governments, and a […]

Assembly Democrats Announce $1.3 billion Housing Proposal

More than a dozen members of the Democratic Assembly Caucus today unveiled a plan that would deliver relief to California families struggling to keep up with skyrocketing rents. In a letter to Assembly Budget Subcommittee 4 Chair Asm. Adrin Nazarian, the caucus members, led by Housing Committee Chair Asm. David Chiu (D-San Francisco) and Asm. […]

Governor Releases 2016-2017 Budget Proposal

On January 7, Governor Brown released his 2016-2017 budget proposal. Although it comes amid surging tax revenues and a rebounding state economy, the Governor continued to press for fiscal discipline. You can read a complete summary by our lobby firm, Sloat Higgins Jensen, here. CHC released the following statement on Governor Jerry Brown’s proposal: “Last […]

CA Senate Announces Package to Tackle Homelessness

On January 4, the State Senate introduced a package to tackle homelessness in California. Among other things, the proposal: Bonds against the remaining Prop. 63 MHSA revenue stream to create a $2 billion in revenue bonds for the construction of permanent supportive housing for chronically homeless persons with mental illness Requests $200 million, over 4 […]

VIDEO: How California’s housing affordability has big impact on the economic ladder

Watch California’s Treasurer John Chiang and CHC Boardmember Caleb Roope, president and CEO The Pacific Companies, discuss how the lack of affordable housing is putting drag on the economy. In the video above from the 2015 California Economic Summit, they talk about how the affordability gap squeezes out not only low-income residents but puts also economic pressure on middle-class Californians.

AB 35 Veto is a Missed Opportunity to Strengthen CA Economy; Turns Away $1 Billion in Federal Funds

October 10, 2015 AB 35 Veto is a Missed Opportunity to Strengthen CA Economy; Turns Away $1 Billion in Federal Funds Strong Bi-Partisan Support for AB 35 Shows Urgency to Address Housing Affordability Crisis in California Sacramento, CA – Today, California’s affordable home industry leaders expressed disappointment in Governor Brown’s veto of a bi-partisan, public/private […]

Broadband Public Housing Grants Available

The passage of AB 1299 has made funds available for broadband installation in affordable housing projects as wells as providing funds for training for residents. Background information on the grants and application/deadline information is available here: BPHG_Overview For more information, please contact Raquel Cinat, California Emerging Technology Fund Associate VP, at raquel.cinat at cetfund.org or […]