Housing

OP-ED: Abundance or Illusion? The Democratic Party’s Housing Dilemma

The “abundance” camp is calling for building more, deregulating, and unleashing the private sector to solve the housing crisis, but the left argues that this is not enough and that we need to build differently and for different ends, such as expanding the nonprofit and public sectors, taxing vacancy and property hoarding, and using public options for housing finance and construction.

California’s Fragmented Affordable Housing Finance System Adds Costs and Delays

A new report from UC Berkeley’s Terner Center for Housing Innovation reveals that California’s complex and fragmented affordable housing finance system is significantly increasing development costs and delaying construction, with each additional public funding source adding an average of four months to the development timeline and $20,460 to per-unit total development costs.