Federal Update for July 2023 from David Gasson
Happy July. I hope everyone had a safe, relaxing and fun-filled July 4th holiday. I was fortunate to spend some over the holiday with a few of our LIHTC supporters and felt energized by their optimism that housing will have its day this year. I hope you were able to touch base with some of […]
Weekly Update for June 30, 2023
This week in affordable housing news…: State Update: The final 2023-24 budget was signed this week, with the Governor and Legislature agreeing to maintain ongoing commitments to the state’s successful affordable housing programs. Toplines include $500 million for the LIHTC, $325 million for MHP (including a $100 million boost proposed by legislators), $225 for the Infill […]
Weekly Update for June 23, 2023
This week in affordable housing news…: State Update: SB 423 (Wiener), CHC’s sponsored legislation extending SB 35, got a significant boost his week when several major building trades unions withdrew their opposition to the bill. According to Politico, Sen. Wiener has described the bills’ remaining opponents as a “small minority of the building trades.” The group of unions […]
Weekly Update for June 16, 2023
This week in affordable housing news…: State Update: The Assembly and Senate voted this week on a budget bill for the 2023-24 fiscal year, meeting a constitutionally-mandated June 15 deadline—though the final deal with the Governor is still several weeks away. While the Governor and Legislature remain at odds on several major issues—including clean energy and transit […]
Weekly Update for June 9, 2023
This week in affordable housing news…: State Update: CHC’s sponsored bills continued to move this week, with SB 439 (Skinner), bill creating a new special motion to strike non-meritorious CEQA lawsuits, advancing 11-0 out of the Assembly Committee on Judiciary. The bill was added to the consent calendar in the Senate in May and was also […]
Federal Update for June 2023 from David Gasson
It is always my goal to end any presentation or update on a positive note so I will discuss the recently reintroduced Affordable Housing Credit Improvement Act later in this update. Let us begin with the continuing drama of the debt ceiling, the deal that has been negotiated and the potential results of the agreement. […]
Industry Insight — June 2023
This month’s edition of Industry Insight includes:
-A Note from our Executive Director Ray Pearl
-ICYMI
-Legislation Roundup
-Save the Date 2023 Policy Forum
-AH News of the Month
-Federal Update from David Gasson
-CHC Member Spotlight
Weekly Update for May 26, 2023
This week in affordable housing news…: State update: Governor Newsom unveiled an 11-bill CEQA reform package last Friday, saying the legislation was critical to accelerating construction of critical energy infrastructure projects across the state. No affordable housing proposals were included in the package, however, an omission noted with concern by many housing advocates. In response […]
Weekly Update for May 19, 2022
This week in affordable housing news…: State Update: Two CHC-sponsored bills advanced in the Assembly this week: AB 1449 (Alvarez), a bill extending CEQA exemptions to a range of 100% affordable housing project approvals, was approved on the Assembly Floor with a vote of 54-13; the bill now moves to the Senate. The Assembly Appropriations Committee […]
Governors May Revise
Governor Newsom unveiled his revised May budget proposal this morning, which forecasts a budget deficit in the 2023-24 fiscal year of $32.5 billion—an increase from the $22.5 billion budget gap projected in January. In spite of the state’s uncertain fiscal situation, the Governor has committed to maintaining nearly $1.5 billion in critical affordable housing investments […]