Tag Archive for: Regional Housing Measure

Affordable Housing Benefits Everyone

Affordable, centrally located housing is key to California’s climate policy because high housing costs typically push low-wage workers to distant suburbs, trapping them in an expensive cycle of long commutes with few transit options. Our housing affordability policies affect people’s quality of life, transportation costs, and air quality for the region, as well as greenhouse gas emissions from their commutes. In fact, dense, infill affordable housing near transit is one of our best solutions to mitigate the climate crisis.

But the current version of California’s budget doesn’t guarantee funding for successful programs like the Affordable Housing and Sustainable Communities Program (AHSC) that are proven to reduce emissions by building infill affordable housing near transit across the state. Here are just a few of the benefits that affordable housing provides to its residents and the community at large — all reasons to provide more funding for affordable housing, not less.

Affordable infill housing fights climate change

VMT, short for vehicle miles traveled, is a measurement used by state and local agencies to measure and track emissions and the impact of infrastructure projects. Housing that’s far from jobs and transit can increase a region’s VMT. Moving to a central location with easy access to common destinations by walking, biking, or taking transit leads people to drive less, reducing VMT and emissions overall.

Last year, Transform used MTC data to calculate the GHG reductions from a proposed $10 billion affordable housing bond. Our analysis found that not only would affordable housing residents save money on transportation, but the affordable housing units near transit expected to be built with the bond proceeds would take 3 million tons of GHGs out of the atmosphere.

A 2015 working paper commissioned by the California Housing Partnership looked at VMT reductions from “location-efficient” housing by income level. Its bottom line finding was that, while people of different income levels had about the same level of VMT reduction in centrally located housing, low-income housing is a better investment for the environment. That’s because lower-income residents “live more compactly,” thus providing greater VMT reduction per acre.

However you look at it, affordable housing near transit and walkable destinations is an excellent investment for climate resiliency.

Affordable housing strengthens local economies

Siting affordable housing near central business districts provides several distinct economic advantages, as outlined in an article in the Planning Commissioners’ Journal. Businesses find it easier to hire and retain workers. And, when rents are low enough to leave households with extra spending money, low-income families are more likely to use those funds to buy necessities, boosting the local retail economy. 

Significantly, the article cites a report from the Center for Housing Policy, which found that, in most cases, affordable housing development had no impact on surrounding property values. That negates a common misconception that leads neighbors to oppose affordable developments.

An article in the Economic Development Journal addresses the same topic, detailing how affordable housing development contributes to communities’ economic competitiveness.

Affordable housing boosts educational achievement

Another paper by the Center for Housing Policy highlighted the significant impacts of affordable housing on young people’s education. Stable housing keeps children from losing ground if they have to change schools often due to frequent moves. Housing affordability may allow parents to work fewer hours, giving them more time and energy to participate in their children’s education. The provision of affordable units can allow families to move to better school districts where students have more educational opportunities. Affordable housing developments can lift up neighborhoods and communities, acting as a locus for enrichment activities such as after-school programs.

Transform board member Elizabeth Madrigal cited her family’s move to more affordable housing as the springboard that allowed her to further her education. Her family’s experience of the transformative power of stable, affordable housing inspired her to work in the field.

We need our state legislators and governor to guarantee the future funding for the Affordable Housing and Sustainable Communities Program (AHSC) that is proven to reduce emissions by building infill affordable housing near transit across the state. Take action now to show your support for this critical issue!

New Report Shows Climate Impact of Affordable Housing Development

Last year, Transform used projected data to calculate that a $10 billion affordable housing bond would prevent 3 million tons of greenhouse gas emissions. A new impact report prepared by the California Housing Partnership and Enterprise Community Partners reviewed rounds one through eight of California’s Affordable Housing and Sustainable Communities (AHSC) Program. It confirms the climate impact of building affordable housing near transit. The report finds a reduction of 5.7 million metric tons of GHG emissions through building approximately 20,361 new affordable units.

The multiplier effect of affordable housing near transit

Affordable housing benefits communities and residents in multiple ways. By providing stable, long-term, affordable homes, these developments allow families to thrive. Affordable housing near transit gives residents the option to take a bus or train instead of driving, which can significantly reduce their transportation budget. Transit can also give independence to older youth who can get around on their own, giving them opportunities to participate in enrichment activities even if no adult is available to give them a ride. It also allows older adults and people with physical disabilities who can no longer drive the opportunity to get around independently and age in place.

The climate benefits of affordable infill homes are often overlooked, but they shouldn’t be. Dense, affordable housing that allows residents to walk, bike, or take a bus or train to common destinations is one of the most effective ways to reduce greenhouse gas emissions. When you add that to the many other benefits of providing housing that people of all income levels can afford, programs like the AHSC are immensely valuable and deserve greater investment.

Preserving and increasing affordable housing funding

Transform’s advocacy is informed by an understanding of the central role of affordable housing near transit in preventing the worsening of the climate crisis. We are working to bring the $10 billion affordable housing bond before Bay Area voters in 2028. And we are advocating to preserve AHSC funding in the reauthorization of the Cap-and-Trade Program and increase affordable housing funding through that program. 

If you haven’t already, take action now by sending a letter to your state legislators to ensure AHSC is funded through the Cap-and-Trade reauthorization.

Read the full report about GHG reductions from building affordable infill housing.

Transform Endorses Prop 5 on the 2024 Ballot

California has a housing shortage, and the homes we most desperately need are affordable units that low-income and working people and families can afford. Proposition 5 on this November’s ballot takes us a critical step closer to tackling that affordable housing shortage by lowering the margin needed to pass housing bonds, as well as public infrastructure bonds, to 55%.

With Prop 5, we’ll have more housing

Proposition 5 lowers the vote margin for bonds to finance affordable housing construction and public infrastructure, including bridge repairs, broadband, educational facilities, parks, libraries, and flood protection.

Thousands of shovel-ready affordable units in the Bay Area are waiting for financing. If Prop 5 passes, Bay Area voters would have a better chance to pass a historic $20 billion affordable housing bond in an upcoming election. That measure was pulled from the 2024 ballot but is ready to go to the voters in the future.

The politics of housing finance

In recent years, California legislators have passed laws to reduce roadblocks to constructing more housing, particularly homes near transit hubs. But financing remains a barrier, particularly for affordable units. California’s history of anti-tax activism has placed an almost insurmountable burden on local and regional governments that want to do the right thing by building their way out of the housing crisis. 

Prop 5 isn’t the most exciting proposition before voters this fall. It’s wonky: we’re voting on how to vote. But it could be one of the most consequential measures on the ballot. 

California voters will start getting their ballots the second week of October. Will you pledge to vote YES on Prop 5 for more affordable housing?



Regional housing measure can come back stronger 

The historic regional housing bond originally on the ballot as Regional Measure 4 was pulled because of concern it might not pass. Transform’s analysis showed that the measure would not only finance thousands of new housing units but also move the Bay Area closer to our climate goals, reducing driving and creating vibrant, dense neighborhoods near transit.

We must pass Proposition 5 because we also need the regional housing measure. Please vote YES on Prop 5.

Regional Housing Bond Measure Pulled from the Ballot — What It Means for Our Movement

On Wednesday morning, the Bay Area Housing Finance Authority (BAHFA) unanimously voted to remove Regional Measure 4 from the 2024 ballot. The measure would have raised $20 billion to alleviate the Bay Area’s housing and homelessness crisis. Unfortunately, the measure was scuttled in response to a series of eleventh-hour challenges by extremist anti-housing and anti-government activists. This is a tragic missed opportunity for voters to say yes to urgently needed affordable housing and homelessness funding.

This decision is heartbreaking for Transform and other housing advocates, and, more importantly, for the hundreds of thousands of people in our region who now must wait longer for the affordable housing and homelessness solutions Bay Area residents need and deserve.

The decision is also a major setback for our climate and transportation goals. By funding the construction of over 40,000 new affordable homes near transit, the measure would have reduced greenhouse gas emissions by over three million tons and spurred an additional five million transit trips per year.

While it is frustrating that a well-resourced group of naysayers halted progress on housing and homelessness this election, Transform and our partners will continue to build the necessary power to win big on these critical issues.

Looking Forward

All is not lost in the fight for affordable housing. Transform and our partners will be working hard to pass Prop 5 this November, which will lower the voter approval threshold for housing and public infrastructure bond measures to 55%. This measure is critical to advancing future affordable housing bond measures across the state.

Beyond November, our region continues to face significant challenges, from the housing and homelessness crisis to a looming transit fiscal cliff. New regional funding measures for both transportation and affordable housing are urgently needed. Passing both measures in the coming years will take unprecedented collaboration, creativity, and courage.

Transform will play a leading role in both these efforts as we continue our work to empower communities of color, innovate solutions, and advocate for policies and funding — all with the aim of helping people thrive and averting climate disaster. And we will need supporters like you in this fight to build up the necessary resources, political will, and movement organizing to beat the anti-taxers in future election cycles.

In the meantime, get ready to vote yes on Prop 5 in November, and stay tuned for future calls to action in the fight for housing, transportation, and climate justice for our region.

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