2023 Affordable Housing Need Reports Released for All 58 CA Counties
As we do every May during Affordable Housing Month, the California Housing Partnership has released the new Affordable Housing Need Reports for each county in California.
Highlights from this year's county reports:
In 54 of the 58 counties, average asking rents increasedbetween 2021 and 2022.
In 19 counties, average asking rents increased by 5% or more.
In 24 counties, renters have to earn at least twice the state or local minimum wage to afford average asking rents. In eight counties, they have to earn three or more times the amount.
In 44 counties, state and federal funding for housing production and preservation increased from 2021 to 2022.
These county-level assessments track the progress of local and state leaders' initiatives to alleviate the housing instability faced by low-income Californians in all regions of the state. The challenging housing market trends causing the instability are documented in these reports and in our state-level CA 2023 Housing Need Report.
What Can Be Done? The Partnership urges state leaders to:
Include substantial additional resources to the State Budget addressing affordable housing and homeless needs consistent with the priorities expressed in the affordable housing coalition’s September 2022 budget request letter.
Implement California's Roadmap Home 2030 to reach our shared goals of housing the unhoused, ending the crisis in affordability, protecting vulnerable renters from displacement, and closing racial equity gaps.
Learn more by visiting the Publications section of our website.
About the California Housing Partnership
The California Housing Partnership creates and preserves affordable and sustainable homes for Californians with low incomes by providing expert financial and policy solutions to nonprofit and public partners. Since 1988, the Partnership's on-the-ground technical assistance, applied research, and legislative leadership has leveraged $30 billion in private and public financing to preserve and create more than 85,000 affordable homes. | chpc.net