Housing plan targeting Bay Area

Housing plan targeting Bay Area

Housing plan targeting Bay Area

By By Austin Walsh Daily Journal staff at www.smdailyjournal.com - RSS Results in news/local of type article
A new regional plan could mandate the Bay Area to build 441,000 new housing units — a sizable portion of which are assigned near the Peninsula’s job centers, raising the eyebrows of local officials.The Association of Bay Area Governments will consider Thursday, Oct. 15, a Regional Housing Needs Allocation methodology aiming to determine where new homes should be constructed over the next eight years. The proposed calculation effectively triples the county’s previous allocation from about 16,000 units to 48,000 units.
Noting that housing development has lagged significantly behind the region’s economic growth, a spokesman for the regional organization said the new housing numbers are a product of an effort to make the Bay Area a more affordable, desirable and equitable place to live.“The Bay Area has not built housing to keep up with these increased employment numbers. In real life this has meant high housing costs. Both ownership and rental,” said Randy Rentschler, a spokesman for ABAG, in an email. “With respect to this RHNA cycle and recent changes in state law, the housing allocations numbers from [California Department of Housing and Community Development] are, in part, a reflection of that.”The state housing department ultimately requires the housing to be constructed, and the regional board breaks down allocations for communities throughout the Bay Area. The ABAG board is comprised of officials representing jurisdictions throughout the Bay Area and its San Mateo County representatives are county supervisors David Canepa and Dave Pine, South San Francisco Mayor Rich Garbarino and Millbrae Councilman Wayne Lee.
article date: 2020 10 15
posted: 2020-10-15 9:27:00
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