Most Bay Area households are affected in some way by the region’s ongoing affordability crisis: housing costs are increasing faster than incomes, nearly half of renters are cost-burdened, and rates of homelessness continue to rise. Our new brief explores how public funding can help to reverse these challenges by increasing the supply of affordable housing, preserving existing affordable housing stock, and keeping renters stably housed. Read more here:
Terner Center for Housing Innovation’s Post
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A recent report from the Terner Center at the University of California, Berkeley highlights a stark reality: Only 32 affordable rental units are available for every 100 low-income households in the San Francisco metro area. Rising rents, homelessness, and housing instability are symptoms of a larger systemic issue: the lack of affordable housing. HabitatGSF executive Tracy Beiers pointed out a particularly important excerpt from the Terner Center for Housing Innovation report: "The lack of housing supply is just one side of the equation, however: the other is insufficient funding to provide housing assistance to those who need it. Most low-income families do not receive any kind of housing assistance, even though they are eligible." For many Bay Area families, homeownership feels unattainable, with home prices more than doubling in the last decade. We see the impact this has on #BayArea every day. Our mission is to help families break free from the cycle of housing insecurity by building affordable homes and creating pathways to generational wealth. The data is clear—addressing the housing needs of low-income households is critical to reducing inequality and providing stability. However, without increased public funding, we cannot build enough affordable housing to meet the demand. Habitat for Humanity Greater San Francisco is committed to fighting these challenges head-on, but we need your support to make a lasting impact. Together, we can advocate for systemic change and work towards a future where everyone has a safe, affordable place to call home. 🏠 #AffordableHousing #BayAreaHousingCrisis #HabitatForHumanity #Homeownership #HousingInequality
Addressing the Housing Needs of Low-Income Households in the Bay Area: The Importance of Public Funding - Terner Center
https://ternercenter.berkeley.edu
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Affordability is a key element of the right to adequate housing. Today more and more people around the world are struggling to pay for housing-related costs or are excluded from housing as it has become too expensive. IUT will participate in an important event regarding this on March 5th. Guided by the recent report of the Special Rapporteur on the right to adequate housing on housing affordability, experts will discuss what can be done to make housing affordable, protect tenants from rising rents and housing costs, and to prevent and end homelessness. https://lnkd.in/dmq-i59V
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Affordability is a key element of the right to adequate housing. Today more and more people around the world are struggling to pay for housing-related costs or are excluded from housing as it has become too expensive. IUT will participate in an important event regarding this on March 5th. Guided by the recent report of the Special Rapporteur on the right to adequate housing on housing affordability, experts will discuss what can be done to make housing affordable, protect tenants from rising rents and housing costs, and to prevent and end homelessness. https://lnkd.in/dMuYQ2nu
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Almost every day there is a news item that is a deja vu moment. These cost estimates are nothing new (other than being public), and while they might be helpful to some extent, they can be paralyzing. We can't fall into the trap of expecting simple solutions to complex problems. Do we need more supportive housing? Yes. Do we need more rental and cash assistance? Yes. Do we need to streamline and scale housing development? Yes. And so much more. https://lnkd.in/gUUU7QVP
Los Angeles' $22-billion homelessness problem gives leaders a choice: Double down or change strategies
latimes.com
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Housing is at the top of the to-do list in Albany this year as an affordability squeezes residents across the state. What can the state do about it? The NYU Furman Center released a series of briefs examining some of the key policies up for debate: ▶️ Mandating looser zoning near public transit would take allow more housing while also helping the environment ▶️ Offering vouchers for people who can't afford housing could prevent evictions, move households out of homeless shelters, and provide more housing stability to some of the state’s most vulnerable households. ▶️ Loosening rules around ADUs, conversions, and rezonings could increase housing supply ▶️ Balancing the need to protect tenants with the potential to disrupt the market with good cause eviction legislation Read our series here 👇
New York State Housing Agenda
furmancenter.org
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TIRED OF READING POSTS ABOUT ALL THE AFFORDABLE HOUSING BEING BUILT ALL ACROSS AMERICA. ANYTHING SHORT of PERMANENT AFFORDABLE HOUSING SOLUTIONS IS UNACCEPTABLE. TAXPAYERS CAN NO LONGER AFFORD short-sighted, conflict-ridden, federal, state, and local government programs that "kick the can down the road" that burden future generations. Veteran Housing Corp applauds all efforts to build affordable housing but would challenge the US Congress and every local, state, and federal housing agency or affordable housing developer to do better in 2024 and beyond. Veteran Housing Corp demands permanent affordability for all projects receiving government funding, subsidies, tax credits, or other incentives! Veteran Housing Corp demands transparency and every local, state, and federal government agency and other stakeholders MUST provide answers to questions about the housing projects that are built with government funding, subsidies, tax credits, or incentives, including the following: 1. How much funding, federal tax credits, or government benefits or incentives from all government sources did the projects receive? 2. What is the affordability period for each project? 3. What guarantees exist that tenants will not be displaced after the "affordability period expires? Every local, state, and federal housing authority and affordable or workforce housing stakeholder should adopt the State of Vermont's "permanent affordability" policy as a model for all future government funded or subsidized housing projects or developments, no exceptions! https://lnkd.in/eFEUC8c8 Additionally, local, state and federal housing agencies should look to the Helsinki, FINLAND MODEL of ending homelessness by providing affordable housing for all 'It’s a miracle': Helsinki's radical solution to homelessness https://lnkd.in/er9HZSQU U.S. Department of Housing and Urban Development AGREES THAT adopting FINLAND'S MODEL OF ERADICATING HOMELESSNESS may be of great value to resolving the affordable housing and homelessness crises in America https://lnkd.in/gkSZWYRU
Housing is at the top of the to-do list in Albany this year as an affordability squeezes residents across the state. What can the state do about it? The NYU Furman Center released a series of briefs examining some of the key policies up for debate: ▶️ Mandating looser zoning near public transit would take allow more housing while also helping the environment ▶️ Offering vouchers for people who can't afford housing could prevent evictions, move households out of homeless shelters, and provide more housing stability to some of the state’s most vulnerable households. ▶️ Loosening rules around ADUs, conversions, and rezonings could increase housing supply ▶️ Balancing the need to protect tenants with the potential to disrupt the market with good cause eviction legislation Read our series here 👇
New York State Housing Agenda
furmancenter.org
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"Our [ALICE] families in Ontario County are spending much more of their household income on housing than is really kind of healthy and that leaves the rest of their entire life constrained," shares Ontario County Administrator Chris Debolt. There is heightened attention to ALICE. ALICE is not one person, they stand for Asset Limited, Income Constrained, Employed, and represents nearly 120,000 families in the region who live above the Federal Poverty Level, but below the cost of living. Learn more about what's being done to address the housing crisis in Ontario County: https://lnkd.in/gYk4-ZG3 #UnitedWayRocFlx #ALICE #HousingCrisis
INSIDE THE FLX: What's Being Done to Address the Housing Crisis in Ontario County? | Fingerlakes1.com
https://www.fingerlakes1.com
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In my latest column in Lohud, I discuss the significance of the Day of Dignity and its impact on housing affordability. Your thoughts and feedback are always welcome! Read the full article here: https://lnkd.in/eFJ-ySiR
Housing affordability remains a crisis in Mount Vernon. We need to raise awareness
lohud.com
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We are excited to share this year's NLIHC Out of Reach report, which highlights the challenges low-income renters face across the country. This comprehensive report offers invaluable insights that can guide us in addressing homelessness and housing insecurity within our own communities. We rely on data like this to make informed decisions about allocating resources to housing opportunities. By exploring these findings locally, we can better understand our housing market and work towards effective solutions. Read more and access the full (or mini) report here: Out of Reach | National Low Income Housing Coalition (nlihc.org) Let's use this information to drive meaningful change together! #AffordableHousing #HousingInsecurity #NLIHC #ABQHousing
National Low Income Housing Coalition
nlihc.org
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Great reporting. Disheartening story. Housing builds community and creates opportunity. Everyone -- at all income levels -- should have a roof over their head in a neighborhood where they will thrive. Glad to see the research and data from my former colleagues at Opportunity Insights helping make the importance of this issue measurable. Denying the project highlighted in this story could deny lifetime earning gains for lower-income children of almost 50%! Policies that make building housing harder have tangible consequences and reinforce segregation and concentrated poverty. Let's do better. https://lnkd.in/ec2dguQk
Developers Got Backing for Affordable Housing. Then the Neighborhood Found Out.
https://www.nytimes.com
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Managing Member at Milligan Land Company, LLC
1moPublic funding won’t make a dent in the crisis. We need to unleash the animal spirits that drive the free market!