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What Makes Building Housing So Complicated in California? | Tia Patterson
Manage episode 489576108 series 3364485
In California, the cost of building affordable housing keeps climbing, with some units nearing $1 million to construct. At the same time, older developments are at risk of falling out of affordability as costs rise and protections expire, putting pressure on the system meant to support low-income residents. Tia Patterson, CEO of the California Community Reinvestment Corporation, lays out what’s driving these pressures and what it would take to build and preserve housing that meets people's needs.
Views expressed in this video are the opinions of the host and guests and do not necessarily reflect the views of The Epoch Times.
276 episodes
Manage episode 489576108 series 3364485
In California, the cost of building affordable housing keeps climbing, with some units nearing $1 million to construct. At the same time, older developments are at risk of falling out of affordability as costs rise and protections expire, putting pressure on the system meant to support low-income residents. Tia Patterson, CEO of the California Community Reinvestment Corporation, lays out what’s driving these pressures and what it would take to build and preserve housing that meets people's needs.
Views expressed in this video are the opinions of the host and guests and do not necessarily reflect the views of The Epoch Times.
276 episodes
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