Historically, local Redevelopment Agencies (RDAs) have been central to state funding of affordable housing. RDA revenue came from local property taxes and 20% of that revenue was required to be spent on affordable housing. However, severe funding cuts by Sacramento to RDAs have exacerbated the affordable housing crisis.
Even though transit expenses (operating and capital) increased steadily between 2014 and 2018, and even though more than a million new jobs were added in those same four years, transit ridership has continued to decline year over year.
The Department of Community and Housing Development (HCD) sets regional targets for housing by income level. The rolled up totals for all 58 counties are shown in this report.
San Francisco, San Mateo, and Santa Clara Counties are at the epicenter of the housing affordability crisis in California. The California Department of Housing and Community Development (HCD) has established State-wide housing needs with regional targets (RHNA* ) for 2014–2023. This report examines the housing challenges faced by these three Bay Area Counties in more detail.
California has a housing shortage, and the State Legislature has called for construction of 3.5 million homes by 2025. However, how do we reliably determine how many homes California needs to build? This report examines the current housing crisis and some of the strategies the State and local governments could pursue to address the current need.