CDLAC Proposes Regulation Changes and Announces Public Comment Period
CDLAC released its Proposed Regulations on January 21. These changes are fairly minor in nature. Staff is now accepting public comment on the following proposed regulations. Information regarding the proposed regulations can also be obtained from the CDLAC website. Public comment should be submitted to CDLAC staff no later than Monday, February 23, 2015 via […]
State Treasurer Appoints New Directors to Run TCAC and CDLAC
State Treasurer John Chiang announced last week that he is leading a six-month engagement with housing leaders and key stakeholders regarding California’s growing affordable housing crisis. Joining his team are Mark Stivers, who will serve as the Executive Director of the California Tax Credit Allocation Committee, and Jeree Glasser-Hedrick, who will serve as Executive Director […]
CHC Submits Comments on Housing Programs
This fall, draft guidelines were released for both the Affordable Housing and Sustainable Communities (AHSC) Program and the Veterans Housing and Homeless Prevention (VHHP) Program. State agencies held public stakeholder meetings throughout the fall and solicited written comments on both programs. CHC’s comments on both programs are available here: CHC Comment on the Affordable Housing and […]
Legislature Approves Funding for Housing Programs
California lawmakers approved a $156.4 billion state budget Sunday, June 15, rushing to pass legislation less than six hours before the constitutional deadline. The spending plan, includes: $100 million in 2014-2015 for the Multifamily Housing Program (MHP), with half designated for supportive housing; $872 million in Cap-and-Trade revenue for 2014-2015, with $130 for the Affordable […]
CHC Applauds Legislative Passage of 2014/2015 State Budget to Invest in Homes and Provide Greenhouse Gas Reductions for State
Sacramento, CA – Ray Pearl, Executive Director of the California Housing Consortium, and Shamus Roller, Executive Director of Housing California, issued the following joint statement upon Legislature’s passage of the 2014/15 budget. “Today’s announcement of a $65 million investment of cap and trade revenue to develop affordable homes near transit in this year’s budget, and […]
Report Proves Climate Change-Fighting Power of Building Affordable Homes Near Transit
Investment of Cap-and-Trade Funds Would Yield Reduction of More Than 100 Million Miles of Driving Annually As the California legislature debates how to spend Cap-and-Trade revenues, a new report shows the greenhouse gas reduction power of building affordable homes near public transportation. Released by TransForm and the California Housing Partnership Corporation and based on robust […]
Cap-and-Trade Proposal Directs 20% of Funds to Affordable Housing Near Transit
Senator Steinberg Announces Proposal Directing 20% of Cap and Trade Revenue to Fund Affordable Housing Near Transit Today, CHC and Housing California participated in a press conference held by Senator Darrell Steinberg to release his long-term investment strategy for revenues generated by California’s Cap-and-Trade program. His proposal included 20 percent of Cap-and-Trade revenues directed to the […]
For First Time in 30 Years, CA Making Almost No Investment in Affordable Housing
Check out more great press on the housing crisis. This article in the California Economic Summit, featuring Ray Pearl, is a comprehensive recap of the struggles faced by the affordable housing industry as well as the current policy options. Read it here: ‘For first time in 30 years, California making almost no investments in affordable […]
SB 391 In The News
Check out today’s KQED blog post on how the lack of redevelopment funds affect Bay Area housing, featuring CHC Board Chair Linda Mandolini and Boardmember Leslye Corsiglia.
Campaign Update: SB 391 in Assembly Appropriations
After today’s Assembly Appropriations hearing, we are pleased that SB 391 remains on track for victory in 2014.