The affordable housing community showed up in droves to the 2018 Housing California Conference. With a record attendance, it was clear to everyone the affordable housing crisis has gained significant ground.
Six candidates for California State Governor attended this year’s conference. They are all fully aware of the affordable housing crisis. There was a variety of solutions. From expediting the development process to bringing back redevelopment. We will soon find out the State’s stance on tackling the affordable housing crisis.
This year’s conference was also an opportunity to brush up on the latest trends. The workshops were plentiful. It was a great opportunity to learn about new and upcoming funding sources. HCD has relief coming are way in SB2 and SB3. Plus, an additional $2 billion will be available for supportive housing. We may want to brush up on TCAC’s new Opportunity Map. Benefits to projects located within high opportunity areas include site amenity points, increase in threshold basis limit, and a tiebreaker increase.
From the coffee and conversation with California’s gubernatorial candidates to the variety of workshop sessions, 2018’s Housing California Conference did not disappoint. And let’s not forget about the Housers After Dark event…one of the best yet. RSG would like to thank everyone for stopping by our booth and saying hello. And a big thanks to those who participated in our game. We posed the following questions to participants:
- What Percentage of California renters are paying more than 30% of their income on housing? Answer: 50%
- What percentage of California owner-occupied households are paying more than 30% of their income on housing? Answer: 32%
- Which county in the most cost burdened? Answer: Los Angeles
Out of the many participants who guessed correctly, we chose one lucky winner. Congrats to Anna Lam who received a $100 Amazon Gift Card. This year’s Housing California Conference was the perfect blend of innovation and education and we look forward to seeing what next year has in store.