Tools and resources that help preserve affordable housing face continuous challenges, leaving more than a million units at risk. The contracts that maintain affordability for low-income apartments will expire during the next 10 years, including 530,000 units with U.S. Department of Housing and Urban Development (HUD) project-based rental assistance.
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Based on “Housing”.
Regulatory costs hinder affordable housing construction
Local regulatory costs and delays at times amount to nearly 50 percent of the cost to build a single-family home.
Two major housing measures before California voters in November
California voters will decide later this year on two significant housing measures that would help the state’s growing homeless population. One of those is a $2 billion bond measure, which hit a snag in 2016 after some lawmakers argued that the money was initially earmarked for mental health services; not housing.
More housing needed in California’s Sonoma County, but no solid plans to build
In a recent housing study, researchers say that California lawmakers need to allow for more homebuilding, particularly in the San Francisco Bay Area. In Sonoma County, the need for affordable housing is particularly acute but, some say, residents living in the mostly rural county are uneasy with more people moving to and living in the region.
Analysts see labor shortage in affordable multi-family housing construction
Construction workers are increasingly being drawn to build new single-family houses, leaving apartment projects across the country struggling to meet completion and budget deadlines, according to housing analysts.