Getting Inclusionary Housing Right

JOIN US VIRTUALLY ON FRIDAY, OCTOBER 24TH 12PM

Cities across Santa Clara County are considering this powerful tool to build more new affordable homes without subsidy.

But done wrong it can fall short, or even stop the development of new homes in its tracks. Learn how it works, and how to get it right!

Many of our local cities are joining forces right now in a shared nexus study, the wonky and in-depth analysis that assesses the feasibility of local residential development and the potential for developers of market-rate housing to add a share of affordable homes to their buildings.

If cities require too few affordable homes or affordability that’s too shallow, they leave public benefits on the table. Too much, and developers can’t build any housing at all.

Come hear about local cities that are getting it right: successfully using inclusionary housing policies to achieve mixed-income communities, generate funding to subsidize deeper levels of affordability, and gain valuable land for affordable homes!

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We have reached a critical point in the affordable housing crisis in the Bay Area which calls for us to reevaluate the interconnected challenges and prioritize solutions that truly center on racial and economic equity. Please join the Partnership for the Bay’s Future (PBF) for a robust discussion about the strategies and tactics that are advancing equitable pro-housing agendas across the region. At this virtual convening honoring the three-year anniversary of Partnership for the Bay’s Future (PBF), we’ll bring together the affordable housing practitioners, policy makers, and experts who are driving forward comprehensive solutions. 

Lourdes Castro Ramirez, Secretary of California Business, Consumer Services & Housing Agency, will anchor the event with a keynote address highlighting the power of partnerships and California’s work with local communities to keep people stably housed throughout the pandemic and beyond. 

We will also examine the pilot program of PBF’s Policy Fund – awarding grants to local jurisdictions looking to adopt equitable housing policies – and discuss how the model can scale, the initiatives borne out of it, and how the lessons we learned can be translated into greater achievements in the next round.

Finally, we’ll share the impact of over 3,000 affordable housing units preserved and produced by PBF’s $500M Family of Loan Funds has had over the last three years, and how policy advocates and affordable housing developers can work together in this shifting landscape to cause exponential change. 

Featuring:

Lourdes Castro Ramirez, Secretary of California Business, Consumer Services & Housing Agency

Fred Blackwell, CEO, San Francisco Foundation

Denise Scott, President, Local Initiatives Support Corporation

Khanh Russo, Interim Vice President of Policy and Innovation, San Francisco Foundation

Cindy Wu, Executive Director, Local Initiatives Support Corporation

About The Partnership for the Bay’s Future 

PBF is an innovative effort guided by racial equity and economic inclusion that advances protecting tenants while preserving and producing affordable homes. PBF is centered on the understanding that a two-pronged approach is the most effective way to move the needle on affordable housing, which is why it’s composed of The Policy Fund supporting the creation and implementation of policies to stem the tide of displacement of vulnerable tenants and preserving affordable housing, and the Family of Loan Funds focused on increasing the supply of affordable homes. Launched in 2019, PBF is managed by the San Francisco Foundation and Local Initiatives Support Corporation, and supported by the Chan Zuckerberg Initiative, the Ford FoundationMetaGenentech, the William and Flora Hewlett FoundationThe David and Lucile Packard Foundation, and Silicon Valley Community Foundation.

For more information about PBF, visit us at baysfuture.org.

When:
March 3rd
1:00PM - 2:00PM
Where:
Online Event
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