The California Housing Partnership Corporation’s annual assessment of risk of loss of affordability in California not only outlines the loss of 28,152 affordable housing units in California, but also reports that 31,988 affordable housing units are at risk of conversion to market rate over the next five years. The figure is particularly alarming when considering that the number of units already lost was over a span of roughly twenty years – to lose an even greater number in just five years could have a significant impact on the state’s affordable housing supply.
The CHPC Preservation Clearinghouse assesses California’s affordable properties including HUD subsidized, USDA Section 515, and LIHTC. The database is made available to local governments and nonprofit housing partners upon request. Contact Danielle Mazzella at dmazzella@chpc.net for more information.
