May 10, 2022 (San Francisco Bay Area) – 2/3 of the Bay Area’s extremely low-income households are spending more than half of their earnings to pay rent, according to new data released today by the California Housing Partnership.
The findings offer a data-driven presentation of the reality that people living and working in the Bay Area experience, owing to the region’s limited affordable and accessible housing.
“The data tell a clear story about what our region is facing and offers a stark choice for where we head. We need to ask ourselves: What kind of place do we want the Bay Area to be? And what are we doing to get us there?” said Amie Fishman, Non-Profit Housing Association of Northern California Executive Director. “The consequences of not prioritizing housing will be borne by all of us, not just the people struggling to find affordable housing.”
Key findings from the reports show that:
“There is no city or county in the Bay Area that’s not affected by this,” said Jen Klose, Executive Director of Generation Housing, Sonoma County. “Housing costs don’t just affect where you’re able to live — they impact the economy and resiliency of our whole region.”
“We know the need is tremendous – too few homes people can afford, too many of us paying way more than we can afford for rent,” said Regina Williams, Executive Director of SV@Home. “We also see our collective commitment paying off. We are creating more permanent affordable homes, and we know there are more on the way.”
The reports come during the region’s month-long May Affordable Housing Month celebration, where a series of events uplift and share proven models, innovative solutions, and specific actions that local and state governments can take to build a future where everyone has a safe, stable, affordable place to call home.
“The need from our community is real. The enthusiasm, innovation, and passion from the affordable housing community is potent. Just imagine what we could do with the right investments, infrastructure, and policies,” said Gloria Bruce, East Bay Housing Organizations Executive Director.
Bay Area Affordable Housing advocates’ recommendations and proposals include:
“There is no shortage of solutions,” said Evelyn Stivers, Housing Leadership Council of San Mateo County Executive Director. “What we need to shore up is political will to pursue them, from all levels of government.”
“California’s Roadmap Home 2030 goals of housing the homeless, ending the crisis in affordability, protecting vulnerable renters from displacement, and closing racial equity gaps are attainable if state leaders embrace the proposal made by Assembly Housing Chair Buffy Wicks to set aside 5% of state general funds for this purpose,” said Matt Schwarz, president and CEO of the California Housing Partnership. “This is the kind of bold, long-term investment we need to scale our resources to the scope of these challenges.”
Christina Gotuaco, California Housing Partnership, 415-433-6804 x313, firstname.lastname@example.org
Alina Harway, Non-Profit Housing Association of Northern California, 415-989-8160 x36, email@example.com
For more about May Affordable Housing Month: www.affordablehousingmonth.org
About NPH: Since 1979, the Non-Profit Housing Association of Northern California (NPH) has been the collective voice of affordable housing for the Bay Area.
NPH works to realize our mission by advancing meaningful, critical policy solutions, and strengthening the affordable housing community who implement the programs and policies in our Bay Area communities. Our policy work advances bold solutions for a more affordable, stable, thriving region and state, focusing on housing solutions that address the structural inequities that have made housing out of reach for so many Bay Area residents, especially for people with low-incomes and communities of colors who suffer disproportionately from exclusionary housing policies. Our programs and events strengthen and grow the capacity of our members to produce, preserve, and protect affordable housing for equitable communities and neighborhoods. NPH is a 501(c)3, not-for-profit public benefit corporation of California. Learn more about NPH’s work as the Bay Area’s voice of affordable housing: nonprofithousing.org
About the Partnership: The California Housing Partnership creates and preserves affordable and sustainable homes for Californians with low incomes by providing expert financial and policy solutions to nonprofit and public partners. Since 1988, the Partnership’s on-the-ground technical assistance, applied research, and legislative leadership has leveraged $25 billion in private and public financing to preserve and create more than 75,000 affordable homes. In addition, the Partnership provides statewide data tools for housing research and advocacy. Learn more about CHP’s work: chpc.net