Join us on Wednesday, April 26 at 2:00 p.m. for a virtual discussion with policy experts and nonprofit housing providers working in the trenches to ensure affordable homes are not lost as the need for them grows:
Using a new, proprietary methodology, California Housing Partnership is now able to identify unsubsidized naturally-occurring affordable homes (NOAH) properties that due to their age, location, or other market factors, offer rents affordable to low-income households. This is the first statewide assessment of At-Risk NOAH that has been done to date. Notable findings include:
- 120,000+ homes are no longer affordable, largely concentrated in Southern California, the Bay Area, and Sacramento and Fresno counties
- 324,000+ homes are currently at risk of losing their affordability by mid-2024
- 47 of 58 counties in CA have at least 100 at-risk homes
- Nearly 37% of CA’s multifamily housing stock is currently at very high or high risk of losing their affordability by mid-2024
Displacement from a NOAH property is particularly concerning from a fair housing perspective as 66.5% of lost NOAH are located in the High or Highest Resource areas compared to 43.7% of remaining NOAH.
**Space is limited. Registration closes 4 days prior to the event or once maximum capacity is reached.**