California Needs 1.2 Million New Homes. How Will It Get There?
Voluntary incentives foster increased production of affordable housing, while mandates alone increase the cost of producing housing, dampening both market-rate and affordable housing production. It is well past time to acknowledge the evidence and focus on the adoption of voluntary programs that incentivize the rapid creation of dense, infill housing available at both affordable and market rents.
May 13, 2022