News: affordable housing
Filter
The city of Los Angeles is considering an “anti-displacement” proposal that would cap rent increases near new luxury and market-rate apartment developments when those projects lack affordable housing.
The proposal, introduced last month by City Councilman Herb J. Wesson Jr., would cap rents through “anti-displacement zones.”
These areas would exist for three years and cover a two-mile radius around luxury and market-rate developments with zero affordable units.
Tagged: News Los Angeles
Gov. Gavin Newsom this
month signed more than a dozen CAA-backed bills intended to address California’s chronic housing shortage.
The bills will help
remove local barriers to housing construction, boost incentives for building
higher-density affordable housing, and make it easier and cheaper to add second
units to residential lots.
Gov. Gavin Newsom
“We’ve
invested more in new housing than at any point in our history, and we have
created powerful new tools to incentivize housing production,” Newsom said in this news
release. “Now, we are removing some key local barriers
to housing production. This crisis has been more than a… Read More
The California Apartment Association’s
Tri-County division has announced it will donate $30,000 to help Silicon Valley
families avoid homelessness and to provide quality affordable housing.
Attendees of CAA Tri-County’s Charity Golf Tournament pose for a photo by Daniel Gaines Photography.
CAA Tri-County raised the money through its 30th annual Charity Golf Tournament on June 13 in San Jose. The funds will go to the Housing Industry Foundation, which provides one-time grants to help families at risk of homelessness, renovates affordable-housing units and helps families find affordable housing units in either Santa Clara or San Mateo counties while providing them with… Read More
Long Beach may soon require that new developments in the city include a certain amount of affordable housing.
That mandate could come from an inclusionary-housing ordinance. The city commissioned an economic feasibility study on the policy and recently finished community workshops on how inclusionary housing might be applied in Long Beach.
Employing a new law supported by CAA, the Newsom Administration has sued a Southern California city for allegedly stifling the production of low-income housing.
On Jan. 25, Gov. Gavin Newsom announced his approval of legal action against Huntington Beach, claiming that the city in Orange County has squelched the construction of affordable housing while also refusing to meet regional housing needs.
“The state doesn’t take this action lightly,” Gov. Gavin Newsom said in this news release. “The huge housing costs and sky-high rents are eroding quality of life for families across this state. California’s housing crisis is an existential threat… Read More
Long Beach is crafting a proposal that would require all new residential developments to include a certain percentage of affordable housing.
The city will seek public comment on the inclusionary housing proposal during meetings scheduled for Dec. 5 and Dec. 8.
These meetings result from council direction earlier this year to boost the inventory of units dedicated to low-income individuals and families. CAA encourages members interested in this subject to attend the upcoming meetings and provide feedback. To view a flier on the community meetings, click here.
To jumpstart affordable housing construction, the Sacramento City Council this week voted to waive development impact fees on new projects, a move supported by the California Apartment Association and other business organizations.
The fee waivers will reduce, for example, the cost of a 200-unit multifamily housing development by as much as $2.6 million, an amount that helps cover the funding lost when redevelopment agencies, a primary source of financing for affordable housing, were eliminated during the recession.
“Increasing the supply of affordable housing is the single best approach to solving our housing crisis,” said CAA senior vice president Jim Lofgren.… Read More
A UC Berkeley economist Tuesday released his third in a series of papers on why California should keep the Costa-Hawkins Rental Housing Act.
The new paper, “The Case for Preserving Costa-Hawkins: The Potential Impacts of Rent Control on Single Family Homes,” was authored by Kenneth T. Rosen, chairman of UC Berkeley’s Fisher Center and chairman and founder of Rosen Consulting Group.
If California voters approve Proposition 10 and overturn Costa-Hawkins in the Nov. 6 election, cities and counties will be authorized to impose rent control on single-family homes.
According to Rosen’s latest paper, single-family rent control would decrease property values… Read More
In the November election, Santa Rosa voters have an opportunity to boost affordable housing while speeding the city’s recovery from last year’s devastating wildfires.
Last fall, the fires in Northern California’s Wine Country eviscerated 6,000 homes in Santa Rosa alone.
“Couple that with a statewide housing crisis of epic proportions, and Santa Rosa finds itself in dire need of additional housing supply,” said Alex Khalfin, CAA’s vice president of public affairs for the North Bay region. “While we can debate how this problem should or shouldn’t be solved, one fact remains clear — something must be done.”
Enter Measure N… Read More
The first pair of TV and digital advertisements opposing Proposition 10 have arrived.
Californians for Responsible Housing today released two, 30-second spots opposing Prop 10, the November ballot measure that would repeal the Costa-Hawkins Rental Housing Act and bring extreme forms of rent control back to California.
The ads, accessible here and at the bottom of this article, feature affordable housing experts who say of that Prop. 10 “makes a bad problem worse” and does “the opposite of what it promises.”
Without Costa-Hawkins, California cities and counties could once again adopt extreme forms of rent control, including the imposition of… Read More
Tagged: Costa-HawkinsProposition 10