AGENDA

Wednesday, February 15th, 2023

1PM-2:30PM

You MUST register. Please use this link.

Agenda

Special presentation: California Housing Partnership, Policy Brief 2022: Who Can Afford to Rent in California's Many Regions?, Matt Nissen, Link to Policy Brief

Special presentation: Credit.org, America Saves 2023, Melinda Opperman

Special presentation: BankOn Inland SoCal, BankOn Matrix, Janette Sanchez

Questions? Email melanie@ischcollective.org

Announcements

Are you interested in serving on a collective pillar and help lead regional housing strategies?

Foreclosure Intervention Housing Preservation Program

The purpose of the Foreclosure Intervention Housing Preservation Program (FIHPP) is to preserve affordable housing and promote resident or nonprofit organization ownership of residential real property. Funds are to be made available as loans or grants to eligible borrowers to acquire and rehabilitate properties at risk of foreclosure or in the foreclosure process.

FIHPP was added to California’s Health and Safety Code in July 2021.The Budget Act of 2021 appropriated $500 million through June 30, 2027 for the program. Statute requires HCD to contract with one or more fund managers (nonprofit lenders or housing trust funds) to manage the pr

FUNDS ARE NOT YET AVAILABLE UNDER FIHPP. A Request for Proposals (RFP) for fund managers is expected to be released early 2023. Please check this site for updates.

Final Guidelines were released 01/04/2023

WHAT IS AMERICA SAVES WEEK?

Since 2007 America Saves Week has been an annual celebration as well as a call to action for everyday Americans to commit to saving successfully. Through the support of thousands of participating organizations, together we encourage individuals to do a financial check-in that allows them to get a clear view of their finances, set savings goals, and create a plan to achieve them.

DURING THE WEEK, WE'LL BE FOCUSING ON THE FOLLOWING THEMES:



Monday, February 27, 2023 | Saving Automatically

Tuesday, February 28, 2023 | Saving for the Unexpected

Wednesday, March 1, 2023 | Saving for Major Milestones

Thursday, March 2, 2023 | Paying Down Debt is Saving

Friday, March 3, 2023 | Saving at Any Age

Additional content, messaging, special events, and resources to support the #ASW2023 themes will be available inside the #ASW2023 Digital Toolkit.

News & Articles

Helping homeowners: California expands mortgage relief

BY ALEJANDRO LAZO

The state is expanding mortgage relief to more California homeowners who are struggling through the pandemic. The program now covers second mortgages and loan deferrals, with a maximum total grant of $80,000. Read more

Millions of ‘unbanked’ Americans lack adequate access to financial services

Legislative Session Off to Busy Start

Jacqueline Woo, Senior Associate

California’s 2023-24 legislative session is already underway, with numerous housing bills among the first bills to be introduced in early December.

These include:



• ACA 1 (Aguiar-Curry)—would change the Voter Threshold for Housing to 55% and make a number of revisions to current vote requirements for schools.
• SB 4 (Weiner)—would streamline the development of affordable housing on land owned by faith-based institutions and community colleges.
• SB 20 (Rubio)— would enable two or more cities to establish a joint powers authority to raise funding for affordable housing.
• AB 11 (Jackson)—would create a new 11-member Affordable California Commission to study affordable housing and develop solutions for making housing more affordable.

We expect that dozens of additional bills will be introduced prior to the February 17th bill introduction deadline.

d artificially driving up home prices in low-income neighborhoods.

Report: California Could Solve Homelessness For $8 Billion Per Year

By David Wagner

Published Dec 20, 2022 5:00 AM

How much would it take for California to solve homelessness once and for all? A new report offers an answer: about $8.1 billion more per year over the next 12 years. That money would go toward creating nearly 240,000 new homes as well as ongoing housing subsidies, homeless services, and temporary housing.

The Inland SoCal Housing Collective Educate and Advocate Series highlights policy and informational workshops of collective partners who are pursuing solutions for our region for better housing outcomes. Check out the workshop spotlights below!

Improving ADU Financing

ADU production has leaped ahead of established systems in lending and real estate. In this webinar, we’ll look at what’s needed for them to catch up–from ADU appraisal best practices to standardizing ADU data in MLS listings to mortgage implications for SB 9 two-unit and lot split projects. We’ll hear progress reports on the new ADU loan products from pioneering credit unions and also get a glimpse of a hot new trend in homeownership that intersects with ADUs–co-buying, where non-related parties purchase a home jointly.

Friday, February 24, 2023

11:00 AM -12:00 PM

Draft PATH Application Template

SCAG is seeking input on the draft PATH application template. All stakeholders who live or work in the SCAG 6-County region (Imperial, Los Angeles, Orange, Riverside, San Bernardino, and Ventura counties) are encouraged to review the draft application and provide input. 



All written comments received by Feb. 13, 2023, will be considered for the Regional Council agenda item in March.

POLICY BRIEF '22

DECEMBER 2022

Who Can Afford to Rent in California’s Many Regions?

Introduction: The California Housing Partnership has regularly documented the severity of the ongoing housing affordability crisis that affects every county in the state.1 The COVID pandemic exacerbated a housing crisis many California residents have been struggling with for years and has disproportionately pushed renter households of color – particularly Black and Latinx households – into increased housing insecurity in our state.

NEW- Inclusionary Housing Database Map

Career Opportunities

Do you have openings at your place of work? Send us the job description or link to apply and we can share it within our network.