Affordable Housing

In a post from writer Liam Dillon (LA Times):

Governor Newsom has begun to seek bids for housing on state parcels. In an effort to kick-start construction of low-income, affordable housing, Gov. Gavin Newsom plans to solicit bids from developers by the end of 2019 to build homes on at least three state-owned properties.

The proposal, announced April 14th, follows a January executive order to survey state lands to determine where housing could be constructed. State officials culled a list of nearly 45,000 state-owned parcels, finding 1,300 that could be viable for new homes. Under the plan, the state would ask affordable housing developers for ideas to build low-income projects through long-term ground leases of state property. The first bid, would go out no later than this Sept. 30.

The effort takes aim at one of the major barriers to building affordable housing in the state: the rising cost of land. From 2000 to 2016, land prices more than doubled in San Francisco and almost tripled in Los Angeles, according to UC Berkeley’s Terner Center for Housing Innovation, which also reported in 2016, it cost nearly $425,000 per unit to build low-income housing in California.

Newsom also announced April 11, that 6 cities — Chico, Fresno, Oakland, Sacramento, San Diego & San Francisco were working with the governor’s office to choose state property in their communities on which to build.

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