Bringing you updates on legislation, policy, and other news relating to affordable housing, homelessness, and sustainable communities. | |
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As campaigns gear up for the November 3 elections, ballot measures have shifted.
Most notably, the Bay Area Housing Finance Authority (BAHFA) board voted in mid-August to remove the Bay Area Affordable Housing Bond Measure from the ballot, a blow for many housers in that area. This bond measure could have potentially generated $20B for the production of new affordable housing and preservation efforts, creating a sustainable revenue stream of funding for housing production and preservation for years to come.
However, recent polling found that only 54% of voters were likely to vote in favor of the measure. The measure would have needed approval from at least 2/3rds of voters unless voters also approved Proposition 5 on the statewide ballot, which would have reduced that threshold to 55%.
Read more for details on other ballots to fund affordable housing and homelessness in California >
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by Christina Mun
Chief Strategy Officer
LeSar Holdings, Inc.
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The 2024 California Legislative session concluded early on Sunday, September 1, 2024, following an unsuccessful attempt by the Governor to call a special session to pass a bill to combat gas spikes. Several potentially impactful housing and homelessness bills passed the legislature and are now awaiting the Governor’s signature.
The Governor has 12 days following enrollment and engrossing of each bill to sign, approve without signing, or veto a bill; if the Governor vetoes the bill, a two-thirds vote in each house is needed to override the veto, a difficult hurdle to overcome. Last year, the Governor vetoed around 15% of bills that landed on his desk.
Read more about housing and homelessness-related bills still in play and notable bills that died >
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by Jacqueline Woo
California Legislative Analysis Manager
Global Policy Leadership Academy
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In July, 55 delegates from the Bay Area, San Diego, Fresno, the Inland Empire, and Los Angeles attended the Global Policy Leadership Academy’s (GPLA) Summer 2024 Immersive Social Housing Field Study in Vienna, Austria, representing local and state agencies, elected officials, community-based organizations, developers, faith-based leaders, philanthropy, and transportation sectors.
Vienna’s housing model is world-renowned for its focus on high-quality housing, which provides choices at an affordable price to more than 60% of its population, differentiating Vienna from the US in its focus on housing the middle class as well as low-income residents. This year, Vienna was ranked the world’s most livable city for the third year in a row, according to the Economist Intelligence Unit.
Delegates participated in a six-day program featuring a mix of lectures, panels, and walking tours. In addition to topics and activities featured in April, delegates discussed and shared ways Vienna and California tackle climate issues.
Read more on delegates' key takeaways from Vienna >
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by Anu Natarajan
Managing Director, Global Housing Practice
Global Policy Leadership Academy
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The busy and eventful run-up to the 2024 election has impacted work in Congress. Following the U.S. House’s June release of its draft spending bill for HUD programs for FY 25, the Senate released its proposal in late July; negotiations will likely continue past the November elections.
The Senate additionally failed to approve a bipartisan tax package that would have expanded the Low-Income Housing Tax Credit (LIHTC).
The Senate’s draft spending bill for FY 25 provides $78.2B for HUD’s affordable housing, homelessness, and community development programs, an increase of $8.2B, or more than 10%, over FY 24-enacted levels and $5B (6%) more than the overall funding level provided in the House’s FY 25 proposal.
Read more for details on the Senate Appropriations Committee's bipartisan agreement and proposed funding increases >
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by Pamela Kestner
Chief of Staff
Global Policy Leadership Academy
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Modular Construction Is on the Rise. Can It Build High-Quality Affordable Housing? | NextCity | August 15, 2024
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California Is Giving Schools More Homework: Build Housing for Teachers | CalMatters | August 13, 2024
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The Lack of Eviction Data Obscures the Extent of the Affordable Housing Crisis | Governing | August 12, 2024
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Will the US Ever Embrace Social Housing? | FastCompany | August 12, 2024
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Bad Math Sinks the $20B Bay Area Housing Bond Before It Reaches Voters | The San Francisco Standard | August 14, 2024
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More Americans Are Moving into Flood and Fire Hot Spots | Washington Post | August 5, 2024 - possibly paywalled
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States Most Impacted by the Climate Crisis Lack Sufficient Shelter and Housing for the Most Vulnerable | National Alliance to End Homelessness | July 30, 2024
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Is This the Solution to California’s Soaring Insurance Prices Due to Wildfire Risk? | LA Times | July 26, 2024 - possibly paywalled
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Koreatown building’s transformation into homeless housing is a win for LA4LA program | LA Times | July 23, 2024 - possibly paywalled
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California Cities Rethink Homelessness Tactics After Supreme Court Ruling | CityLab | July 22, 2024
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With a diverse range of subject matter expertise and an unwavering commitment to equity, access, and excellence, the LeSar portfolio of companies is uniquely positioned to drive the systemic changes and capacity building necessary to address the housing affordability and homelessness crises.
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