California Affordable Housing Development Association

$4.5 billion from big tech won’t end California's housing crisis because there is a much larger political issue around affordable housing development at hand. Become part of the conversation with CAHDA. https://nyti.ms/38e177t

Happy Thanksgiving from the California Affordable Housing Development Association!

CAHDA Talks: Financing Development Amidst Competition was a success! Our engaging panel and discussion informed members of best practices for landing CDLAC bonds during competitive rounds! Thanks to our speakers: Ben Barker and Anthony Stubbs of CMFA and Justin Cooper of Orrick!

There is no guarantee that submitting an application for funding will guarantee tax-exempt bonds for an affordable housing project. Keep an eye out for our upcoming CAHDA Talks which will discuss tips for securing bonds for affordable housing projects amidst the competition.

LA Councilmembers Ryu and Bonin proposed changes to the Ellis Act, which allows landlords taking units off the rental market to evict tenants, to protect tenants by providing comprehensive relocation fees accounting for the indirect losses from eviction. http://bit.ly/rabrea9

"Many of [Gavin] Newsom’s highest-profile initiatives to speed housing production, boost the state’s authority over development decisions and increase private funding for affordable housing have stalled or failed." Read more here: https://lat.ms/2P7BwGr

While allowing the homeless to sleep in parking lots may improve safety for both those without shelter and communities with large homeless populations, it does not address the underlying issues that cause homelessness, like a lack of affordable housing. http://bit.ly/33PdaFl

PG&E customers aren't the only ones being hit by wildfire precautions. LAPD plans to clean homeless camps in high risk fire-prone areas with the coming Santa Ana winds, which greatly increases the chance of fires. More here: https://lat.ms/320R4PL

Governor @GavinNewsom officially signed the rent control law, amid rising housing costs and homelessness. Measure limits annual rent increases at 5%, plus the rate of inflation, but critics want more done to address housing crisis. More here: https://on.wsj.com/2M5Ftti

Is rent control the answer to California's housing crisis? Sadly, San Francisco has had rent control for decades, but rental costs and homelessness continue to skyrocket in the City. California doesn't just need rent control, it needs MORE units. https://nyti.ms/2LLznOC

CA Senator Jim Beall proposed to renew a housing program in which the state will subsidize low-income housing, transit-oriented development and neighborhood revitalization. It calls for $200 million annually, eventually growing to $2 billion a year. https://lat.ms/2kmwSY5

Get the latest information on the bills passed this Session and give the legislators your thoughts on policies they should consider in January. Our panel plus more TBA: Senator Lena Gonzalez Assemblymember Reginald Byron Jones-Sawyer Long Beach Councilman Rex Richardson

NIMBYism isn't keeping the homeless out of your neighborhoods, it is keeping people on the streets. Community advocacy, outreach, and representation is key for developers to be able to move forward with the many housing projects that Los Angeles needs. https://lat.ms/2k8tr7f