Weekly Update for February 23, 2024
This week in affordable housing news…: State Update: The state budget picture may be worse than expected, according to a report released this week by the Legislative Analyst’s Office, which says “further weakness” in revenue collections has added $15 billion to the budget shortfall—raising the total budget problem, by the LAO’s calculations, to $73 billion for […]
Weekly Update for February 16, 2024
This week in affordable housing news…: State Update: Is housing health care? California policymakers certainly think so, according to a KFF Health News story this week showcasing the national trend toward using federal Medicaid dollars to provide housing to vulnerable populations. California has embraced this approach on a scale larger than any other state—launching a massive CalAIM initiative in 2022 that […]
Weekly Update for February 9, 2024
This week in affordable housing news…: State Update: Senator Mike McGuire (D-Healdsburg) was sworn in this week as the new Senate President Pro Tempore, replacing Sen. Toni Atkins (D-San Diego), who is termed out this year and is running for governor. Sen. McGuire announced a number of major changes to Senate committee chairs—promoting Sen. Scott Wiener (D-San […]
Federal Update for January 2024 from David Gasson
All the groundwork we have been doing to prepare for a potential tax bill has finally come to fruition over the past few weeks. Shortly after the House and Senate returned from the holiday recess, Senate Finance Committee Chairman Ron Wyden (D-OR) and Ways and Means Chairman Jason Smith (R-MO) announced an agreement on a […]
Industry Insight — January 2024
This month’s edition of Industry Insight includes:
-A Note from our Executive Director Ray Pearl
-2024 Policy Forum
-ICYMI
-AH News of the Month
-Project Destined & HPN’s
Affordable Housing Bridge Program
-Federal Update from David Gasson
-New Year New Faces
Weekly Update for January 26, 2024
This week in affordable housing news…: State Update: Does California need a new state agency to successfully respond to the affordable housing crisis? A new report from SPUR says emphatically yes, arguing that to achieve the state’s climate, transportation, and housing goals, major reforms are needed to integrate fragmented systems of land use planning, housing needs assessment, […]
Weekly Update for January 19, 2024
This week in affordable housing news…: State Update: A lawsuit brought by the City of Millbrae could pose an “existential threat” to the state’s Homekey program, according to a story published this week in Politico, with a superior court judge in San Mateo County expected to rule next week on an initial injunction sought by the city […]
CHC’s Marina Wiant Appointed Executive Director of TCAC and CDLAC
CHC issued the press release below this morning, following the announcement by State Treasurer Fiona Ma that Marina Wiant, formerly VP of Government Affairs at CHC, has been appointed Executive Director of TCAC and CDLAC. Treasurer Ma’s release is here. Press Release – California Housing Consortium January 11, 2024Press Contact: Mike Roth916-444-7170, mike@paschalroth.com California Housing […]
Governor Unveils January Budget Proposal for FY 2024 – 2025
Governor Newsom released his January budget proposal today, forecasting a $37.9 billion budget shortfall and proposing $8.5 billion in “belt tightening” measures that include cuts to key affordable housing programs—including the “enhanced” $500 million Low Income Housing Tax Creditthe state has supported every year since it was created in 2019. The Governor has proposed maintaining the existing $120 million LIHTC program. In addition to scaling back housing […]
Industry Insight — December 2023
This month’s edition of Industry Insight includes:
-A Note from our Executive Director Ray Pearl
-Special Note from Marina Wiant
-ICYMI
-AH News of the Month
-Federal Update from David Gasson
-Member Spotlight