California Gov. Gavin Newsom proposes $12 billion to house state's homeless
800 Million Dollars CA Project Roomkey/Housing and Homelessness COVID Response
President Joe Biden’s $1.5 trillion discretionary funding request includes a 15% budget increase for the Department of Housing and Urban Development (HUD) to combat homelessness, retrofit rental housing and increase the supply of affordable housing. But housing industry insiders tell Housing Wire that the proposed budget looks unlikely to be passed as currently configured.
The White House today released a summary, fact sheet and Greenbook on President Joe Biden’s proposed $6 trillion budget for fiscal year 2022. Of this amount, the Biden administration requests $1.67 trillion in discretionary spending, $754 billion for defense and $913 billion for nondefense, the first such request where nondefense exceeded defense in recent history. Nondefense spending includes a request for $68.7 billion for the U.S. Department of Housing and Urban Development (HUD), an increase over the 2021 budget of $59.6 billion, and $330 million for the U.S. Treasury’s Community Development Financial Institutions (CDFI) Fund, a $60 million increase from 2021
California Gov. Gavin Newsom announced on Tuesday a proposal to spend $12 billion on affordable units and prevention services to help solve homelessness as part of his $100 billion COVID-19 economic recovery plan.
Newsom this week is touring the state to unveil elements of his budget proposal that’s due to the Legislature by Friday. Newsom announced on Monday that California should expect to see a $75 billion surplus this year, along with another $27 billion in federal aid.
Freddie Mac Identifies 1.4 Million ADUs
The Freddie Mac estimates show that the number of first-time listings with ADUs, including for-sale and for-rent units, increased noticeably during the last decade, growing 8.6% on average. Close to 70,000 properties with ADUs were sold in 2019, representing 4.2% of total homes sold on MLS. By comparison, only 8,000 properties (1.1%) with ADUs were sold in 2000.
The percentage and number of rental ADUs increased as well. Close to 8,000 ADU rentals were leased in 2019, representing 2.9% of total homes leased on MLS. By comparison, less than 1,000 ADU rentals, or 1.2%, were leased in 2000.
The growth in ADUs matches NAHB survey data, which find that ADU development was widespread in the remodeling industry. A 2019 survey found that approximately one in five remodelers completed at least one ADU development project, with a median cost of between $100,000 to $150,000.
1. There are five different types of ADUs.
- Detached New Construction ADU: These standalone units are often called backyard cottages or granny pods. They’re separated from the main house, giving their residents extra privacy.
- Addition or Attached ADU: Attached ADUs are an addition that extends from the existing main residence. It’s a good option when there’s no convertible garage, workshop, or lot space for a detached ADU.
- Above Garage ADU: Garage and workshops often have ample space in the rafters for a comfortable ADU. The ADU can be added to an existing garage as a remodel or included in a new build design.
- Garage Conversion ADU: Sometimes, the cars get the boot to make way for additional square footage. Garage conversions differ from an above garage ADU in that the garage completely changes function from a storage space to an ADU, from top to bottom. These ADUs may be attached or detached to the primary residence.
- Basement Conversion ADU: Basement conversions, like garage conversions, take advantage of the existing structure of the home. The basement becomes the additional living space, often complete with a private entrance.
In October, the city of Los Angeles released findings on its $1.2 billion affordable housing bond (Proposition HHH) showing since 2016, of the 6,000 housing units in process, the average per unit cost is over $500,000. The mouth-dropping cost combined with news of a 16% increase in LA’s homeless population to 36,000 means LA – and other California cities – need other options.
October 2019 was one for the ADU history books. California Gov. Gavin Newsom signed 18 real estate related bills – including five on ADUs – making good on his promise to address California’s serious lack of construction and shortage of affordable housing.
Attached accessory dwelling units shall not exceed fifty percent of the existing primary dwelling or either eight hundred fifty square feet for a studio or one-bedroom unit or one thousand square feet for a unit of more than one bedroom, whichever is less; provided, however, that these floor area requirements shall not preclude an accessory dwelling unit of at least eight hundred square feet from being constructed.
Although cities and counties are mandated to permit ADUs and JADUs, they are not required to adopt ADU and JADU ordinances. However, any city/county that does adopt an ADU ordinance, must submit the ordinance to HCD within 60 days.
WHY TINY HOME EXPOSION
This Tiny Home Community Gives Homeless Veterans A Chance - Working To End Veteran Homelessness
The U.S. installed 5 gigawatts (GWdc) of solar PV capacity in Q1 2021 to reach 102.8 GWdc of total installed capacity, enough to power 18.6 million American homes. Solar accounted for 58% of all new electricity-generating capacity added in the U.S. in Q1, with wind making up the majority of the remaining capacity.Jun 15, 2021
“According to our latest forecasts, by 2024, there will be on average, 1 solar installation per minute,” said Michelle Davis, Senior Solar Analyst with Wood Mackenzie. “That’s up from one installation every 10 minutes in 2010.”
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