Walters: California housing gap defies state construction incentives

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Walters: California housing gap defies state construction incentives
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Lawmakers have made several direct and indirect efforts to reduce the shortfall but the crisis continues.

Construction of what will be one of the largest mass timber towers in the world at 1510 Webster St. in downtown Oakland on Aug 7, 2023. Of the 222 units, 35 are designated affordable housing for households earning around 80% of the Area Median Income.Every recent legislative session has produced at least one effort to ameliorate California’s chronic shortage of housing — and sometimes several.

“With the strengthened SB 35’s streamlining provisions, we’re bringing California’s ambitious housing goals within reach,” said state Sen., a San Francisco Democrat who carried both bills. “SB 35 has proven one of the strongest tools in our toolbox for driving affordable housing development.” Texas came out on top, with 22.5% of its 11.1 million units of housing having been built between 2010 and 2022, followed by other states with fast-growing populations, including No. 7 Nevada. Rhode Island was dead last at 4.9% and most of the others in the bottom tier were eastern or midwestern states with little or no population growth, including No. 47 New York.

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