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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An estimated 151,000 California residents are currently experiencing homelessness. Driven by astronomical housing costs, a statewide income disparity that is one of the highest in the country, and the COVID-19 pandemic’s stranglehold on our economy, the ranks of this highly-vulnerable population only continue to grow. City- and county-based efforts, as well as state-backed initiatives like Project Roomkey, have found moderate success, but they’re far from the panacea needed for the systemic challenges faced by our state.

However, a new assembly bill known as the “Bring California Home Act”, or AB 71, has the potential to affect radical and lasting change. The bill, currently progressing through the legislature, proposes a new tax increase on large corporations that advocates believe will bring in more than $2.4 billion a year to combat homelessness. Join us to learn more about how AB 71 works, where the revenue would go and how it could radically improve the lives of tens of thousands of Californians.

+ Gail Gilman / All Home
+ JR Starrett / Non-Profit Housing Association of Northern California
+ Sharon Rapport / Corporation for Supportive Housing
+ Peter Radu / City of Oakland 

When:
March 11th
12:30PM - 1:30PM
Where:
Online Event
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