April 2024 Newsletter
Proposition 1, Historic Mental Health and Housing Ballot, Passed by Voters
Proposition 1, the Behavioral Health Services Program and Bond Measure, which crucially addresses the homelessness crisis through funding housing and shelter, was narrowly approved by voters in late March, [...]
Federal Budget Makes Tradeoffs to Address Funding Constraints
Following multiple continuing resolutions and budget negotiations, congressional leaders finalized the Transportation, Housing, and Urban Development budget (THUD) for fiscal year (FY) 2024 in early March. The final spending [...]
Social Housing Makes Headway in California, New York, and Seattle
Social housing, the concept of large-scale, mixed-income housing that promotes permanent affordability, tenant protections, and resident control, has typically been implemented in cities outside of the US, including in Europe, [...]
National Low Income Housing Coalition Finds Inadequate Housing Supply for Lowest Income Renters
The National Low Income Housing Coalition (NLIHC) released its annual affordable homes report, The Gap: A Shortage of Affordable Homes, in March, finding that extremely low-income (ELI) renters nationally [...]
What We’re Reading
Reports
2024 Legislative Preview: Housing and Homelessness Legislation Amid New Leadership and Budgetary Challenges | Terner Center | March 2024
Biden Administration Releases FY25 Budget | NCSHA | March 2024
Fact Sheet: Using Modular Building To Increase Affordable Housing Stock | Center for American Progress | March 2024
Lessons From California’s Homekey Program: Adding Affordable Housing by Buying Market-Rate Apartment Buildings | UCLA Lewis Center | February 2024
Articles
The Feds Want to Study Giving Cash to Renters. Will Californians be Included? | CalMatters | March 22, 2024
Biden Suggests a Bigger Federal Role to Reduce Housing Costs | New York Times | March 21, 2024 (possibly paywalled)
The End of Skid Row’s Cheap Hotels? L.A. Leaders Want to Replace Last-Resort Homeless Housing | LA Times | March 19, 2024 (possibly paywalled)
For the First Time in 15 Years, Federal Housing Administration Increases Loan Limits to Expand Financing for Manufactured Homes | HUD | March 18, 2024
Fresh Batch of YIMBY Housing Bills Clash with Coastal Protections (Again) | CalMatters | March 18, 2024
How Does Paris Stay Paris? By Pouring Billions Into Public Housing | New York Times | March 17, 2024 (possibly paywalled)
Why Private Developers Are Rejecting Government Money for Affordable Housing | Wall Street Journal | March 16, 2024 (possibly paywalled)
Cities Face Cutbacks as Commercial Real Estate Prices Tumble | New York Times | March 14, 2024 (possibly paywalled)
After Leading a Back to the City Movement, Many Millennials Moved to the Suburbs | Harvard Joint Center for Housing Studies | March 14, 2024
In Hospitals, Affordable Housing Gets the Long-Term Investor It Needs | New York Times | March 12, 2024 (possibly paywalled)