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By Published On: June 6th, 2023Categories: Data and Metrics, Reports

California Affordable Housing Needs Report for 2023 Released

The California Housing Partnership Corporation (CHPC) released its 2023 report on the state of housing in California, along with detailed statistics for all 58 counties. Among other findings, the report found that California renters face median rents that are 38% higher than in 2000 while median household income only rose 7% (adjusted for inflation). Additionally, it found that while the State more than tripled the number of new affordable homes since 2019, it falls far short of the need, funding less than 20% of the new homes needed to meet its target goals. CHPC highlights several actions in response, including adding significant new funding in this year’s budget, supporting a housing bond for the 2024 ballot, and taking steps to reduce the cost of development. Check out the details for your county here.

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