July 2024 Newsletter
May Revise Drastically Cuts Housing and Homelessness Funding
The Governor’s May Revise, released on May 10, projected a larger budget shortfall than in January and proposed severe cuts to key housing and homelessness programs that went further [...]
Supreme Court Hears Case on Homelessness
On April 22, the Supreme Court heard oral arguments in what could be the most consequential ruling regarding homelessness in decades, City of Grants Pass v. Johnson. The central [...]
Interest Rates and Impact on Housing Production and Homeownership
At the end of 2023, Federal Reserve officials penciled in three interest rate cuts in 2024 as inflation seemed to wane. In general, the Federal Reserve typically utilizes an [...]
Bay Area and LA County Housing Finance Agency Ballot Measures Move Forward on November Ballot
In April and May, two regional ballot initiatives from California’s two regional housing finance agencies, the Bay Area Housing Finance Authority (BAHFA) and LA County Affordable Housing Solutions Agency [...]
What We’re Reading
REPORTS
Social Housing in Vienna: Reflections from Los Angeles Housing Leaders | Global Policy Leadership Academy | June 2024
A Toolbox for Transitioning to Zero-Pollution Equipment | SPUR | June 2024
State of the Nation’s Housing 2024 | Harvard Joint Center for Housing Studies | June 2024
US Economic, Housing and Mortgage Market Outlook – May 2024 | Freddie Mac | May 2024
Single-Family Zoning in California: A Statewide Analysis | Othering & Belonging Institute | May 2024
Decades of Disinvestment: Historic Redlining and Mortgage Lending Since 1981 | National Community Reinvestment Coalition | May 2024
ARTICLES/MEDIA
This California city is letting owners sell ADUs as starter homes. Will it be a housing revolution? | LA Times | June 14, 2024 (possibly paywalled)
Can Your Town Solve the Housing Crisis? | Bloomberg CityLab | June 10, 2024
How an American Dream of Housing Became a Reality in Sweden | New York Times | June 8, 2024 (possibly paywalled)
‘It’s Not Sustainable’: Insurance Hikes Threaten Affordable Housing | New York Times | June 7, 2024 (possibly paywalled)
Why California lawmakers are giving up a bid to repeal a nearly 75-year-old anti-public-housing measure | LA Times | June 6, 2024 (possibly paywalled)
Which Cities Would Benefit Most from Converting Offices into Housing? | Urban Institute | June 5, 2024
The Supreme Court case that could impact the homeless coast-to-coast | CBS Sunday Morning | June 2, 2024
Affordable housing to stay out of reach in major economies due to lack of supply: Reuters poll | Reuters | May 31, 2024
Newsom unveils plan that would hasten insurance-rate reviews — and increases | CalMatters | May 30, 2024
California lawmakers unveil budget rejecting Gavin Newsom spending cuts. Here’s their plan | Sacramento Bee | May 29, 2024 (possibly paywalled)