The HomeWork: January 15, 2021
Welcome to the January 15, 2021 Main edition of The HomeWork, the official newsletter of California YIMBY — legislative updates, news clips, housing research and analysis, and the latest writings from the California YIMBY team.
- $4.3 million for the creation of a new Housing Accountability Unit in the Department of Housing and Community Development, which will help hold cities accountable to state housing law via technical assistance and enforcement. Read our statement here.
- $500 million for the Low Income Housing Tax Credit
- $500 million for the Infill Infrastructure Grant program
- $750 million for Project Homekey, the Governor’s signature homelessness prevention program that gives people a home in underused motels.
The Little Engine That Could (Fund Itself)
- When US transit agencies develop new infrastructure, they are often leaving money on the table by giving away increased land value to private owners.
- Transit agencies in Asia are far more financially sustainable, and can develop infrastructure more robustly, in part because they have more power to own, develop, and tax nearby land.
- Based on prior studies, a tax on increased land values in the San Francisco Bay Area could net over $100 million in annual revenue for transit agencies.
Evictions and Pandemic: Deadly, and Preventable
- States that lifted their eviction moratoriums saw an uptick in COVID-19 cases, with the spread increasing as time went on.
- The observed effect was stronger on mortality than incidence, possibly because deaths are easier to count than overall infections. This also suggests that the effect on incidence may be understated in the analysis.
- Structural racism and concentrated poverty made low-income Black and Latinx households more vulnerable to the increased spread of COVID-19.
- Is the California Legislature giving up on the housing crisis?
- Real estate prices soar during pandemic
- States grapple with next steps on evictions as crisis grows
- We wasted our boom
- Wealthy Southern California Cities Fight Affordable Housing Mandates
- Time to rethink the single-family home
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We welcome your ideas and feedback — send story tips and ideas to Homework@cayimby.org.