Housing California Summit 2023: 3 Takeaways on the State of Affordable Housing

Apr 24, 2023

Last month I attended the 2023 Housing California conference in San Diego. The conference’s theme was “Housing’s Next Chapter,” and my experience certainly lived up to the title. As a technologist and policy wonk, it was thrilling to hear from affordable housing developers, local government staff, and community organizers about ways the sector is innovating and advocating for better housing policies. I’d love to share my experience at Housing California 2023 in order to document what I learned, and bring others along in “Housing’s Next Chapter.”

As a Product Manager working on Exygy’s Bloom Housing affordable housing portal, there were implications for our work with jurisdictions in California (and across the country). One of the values of a ‘one stop shop’ for affordable housing is that it centralizes data from dozens of different housing programs — something that is extremely difficult to do. 

Ivy Teng Lei (left) and Izzie Hirschy (right) joined leaders solving the housing crisis in the State of California.


Affordable Housing Funding Downturns

Enterprise Community Partners, in partnership with the Bay Area Finance Authority (BAHFA), presented an analysis of funding data for the affordable housing pipeline in the Bay Area. After months of calling jurisdictions, they were able to identify every affordable development that was currently stuck in the approval stage due to lack of funding.

The power of this research is that it enabled Enterprise to identify what it would take to ‘unstick’ tens of thousands of affordable homes. Now, advocates and local policymakers can better advocate for the specific needs of their local projects. Many other presenters shared research that led them to specific and measurable goals that would dramatically improve housing outcomes for Californians.

However, this optimistic spirit was tempered with anxiety over upcoming budget debates. In Sacramento, the State Legislature is facing a budget deficit for the first time in two years that totals an estimated $22.5B. In Washington DC, Congress is preparing to negotiate its budget and raising the debt ceiling. As a result, many attendees at the conference are anticipating a need to tighten their belts next year. There is already a huge gap in funding for affordable housing development, numbering in the billions. And given runaway inflation, anything less than a budget increase represents an overall loss to the ability to build and maintain affordable housing. That doesn’t even account for what it would cost to innovate and implement new solutions. Funding for housing and homelessness interventions is at risk in California and across the country. 

Housing California Summit 2023: 3 Takeaways on the State of Affordable Housing

Apr 24, 2023

Last month I attended the 2023 Housing California conference in San Diego. The conference’s theme was “Housing’s Next Chapter,” and my experience certainly lived up to the title. As a technologist and policy wonk, it was thrilling to hear from affordable housing developers, local government staff, and community organizers about ways the sector is innovating and advocating for better housing policies. I’d love to share my experience at Housing California 2023 in order to document what I learned, and bring others along in “Housing’s Next Chapter.”

As a Product Manager working on Exygy’s Bloom Housing affordable housing portal, there were implications for our work with jurisdictions in California (and across the country). One of the values of a ‘one stop shop’ for affordable housing is that it centralizes data from dozens of different housing programs — something that is extremely difficult to do. 

Ivy Teng Lei (left) and Izzie Hirschy (right) joined leaders solving the housing crisis in the State of California.


Affordable Housing Funding Downturns

Enterprise Community Partners, in partnership with the Bay Area Finance Authority (BAHFA), presented an analysis of funding data for the affordable housing pipeline in the Bay Area. After months of calling jurisdictions, they were able to identify every affordable development that was currently stuck in the approval stage due to lack of funding.

The power of this research is that it enabled Enterprise to identify what it would take to ‘unstick’ tens of thousands of affordable homes. Now, advocates and local policymakers can better advocate for the specific needs of their local projects. Many other presenters shared research that led them to specific and measurable goals that would dramatically improve housing outcomes for Californians.

However, this optimistic spirit was tempered with anxiety over upcoming budget debates. In Sacramento, the State Legislature is facing a budget deficit for the first time in two years that totals an estimated $22.5B. In Washington DC, Congress is preparing to negotiate its budget and raising the debt ceiling. As a result, many attendees at the conference are anticipating a need to tighten their belts next year. There is already a huge gap in funding for affordable housing development, numbering in the billions. And given runaway inflation, anything less than a budget increase represents an overall loss to the ability to build and maintain affordable housing. That doesn’t even account for what it would cost to innovate and implement new solutions. Funding for housing and homelessness interventions is at risk in California and across the country. 

Share on Linked In

Exygy

Bloom is a product from Exygy. We partner with social impact organizations to design and build technology that improves lives.

Copyright ©2023. Exygy Inc.

Exygy

Bloom is a product from Exygy. We partner with social impact organizations to design and build technology that improves lives.

Copyright ©2023. Exygy Inc.

Exygy

Bloom is a product from Exygy. We partner with social impact organizations to design and build technology that improves lives.

Copyright ©2023. Exygy Inc.