Despite a California mandate that cities in the state are expected to approve a specified number of affordable units every eight years, most local counties aren’t coming close to those goals.
Contra Costa County approved just 37% of the 8,350 low-income unites required, while Alameda County approved only 41% of its 16,516 unit goal. Elsewhere, Santa Clara met only 30% of it’s 25,700 target while San Mateo reached a lofty (by these standards) 59% of it’s 7,102 goal.
State regulators are considering new penalties for those communities who lag far behind. Also under consideration is bond measure worth up to $20 billion to help boost affordable housing.