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 […]
Action Alert: Ask Governor Brown to Sign AB 35
Tell Governor Brown AB 35 means homes and jobs for Californians. AB35 Sample Support Letter Late last week, AB 35 (Chiu and Atkins) was amended to expand the low-income housing tax credit by $100 million annually, with a five-year sunset. The bill passed the Senate with strong, bi-partisan support and the Assembly agreed to the […]
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 […]
California Supreme Court Rules that Developers Can be Required to Provide Affordable Housing
On June 15, 2015, the California Supreme Court decided unanimously that cities and counties may require developers to low- and moderate-income housing as a condition of a building permit. The ruling upholds the Appeal Court decision and finds in favor of the defendant and appellant, the City of San Jose, in the California Building Industry […]
2015 Legislative Deadline Week Update
Today, the State Legislature adjourned in advance of the Friday deadline for bills to pass out of their house of origin. Here’s a quick rundown of CHC’s Legislative Priorities: AB 35 (Chiu and Atkins), which expands the state low income housing credit by $300 million, passed the Assembly unanimously with a final vote of 72-0! […]
State Affordable Home Investment Gains Bipartisan Support in Assembly
FOR IMMEDIATE RELEASE June 4, 2015 Contact: Mike Roth, 916.444.7170 State Affordable Home Investment Gains Bipartisan Support in Assembly AB 35 (Chiu and Atkins), AB 90 (Chau), AB 1056 (Atkins) now head to Senate Sacramento, CA – Legislation that would begin to restore crucial state investment in affordable home construction and create jobs passed the […]
2015 May Revision
Last week, Assembly and Senate Budget Subcommittees met to deal with the Governor’s May Revise. Due to high estimates of Cap and Trade Revenues, both Assembly and Senate Expenditure Plans include $400 million for the Affordable Housing and Sustainable Communities Program, although the Senate version included intent language for there to be a focus on […]
CHC’s 2015 Policy Forum & Housing Hall of Fame Awards
CHC’s 2015 Policy Forum & Housing Hall of Fame Awards was held at Loews Santa Monica Beach Hotel on May 13. Close to three hundred affordable housing leaders spent the day hearing from insightful housing experts, participated in an engaging crowd sourcing panel with knowledgeable and diverse panelists from across the state and honoring seven heroes in our field who have made a substantial contribution towards advancing affordable housing throughout California.