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Terner Blog: No Limits

The Cost to Build New Housing Keeps Rising: State Legislation Aiming to Reverse the Upward Trend

As the Terner Center has previously documented, the cost of building housing in California has skyrocketed in recent years, with hard costs such as materials and labor as the biggest cost drivers.…
Commentary and Analysis
new housing construction

Upcoming Webinar: Hot Topics in Small Housing: Achieving Equity in ADU Production

On Friday, August 26 at 11 am PT, the Terner Center for Housing Innovation, Center for Community Innovation, and Casita Coalition are co-hosting a webinar looking at the barriers to ADU construction…
Events
ADU Production & Equity

ADUs for All: Breaking Down Barriers to Racial and Economic Equity in Accessory Dwelling Unit Construction

Accessory dwelling units (ADUs) are an important and increasingly popular strategy for adding to the supply of housing in California, particularly by creating lower-cost units in single-family neighborhoods. Recent statewide legalization of…
Commentary and Analysis
Two homeowners discuss the ADU building process:

Past Webinar: ADU Construction Financing: Opportunities to Expand Access for Homeowners

The USC Lusk Center for Real Estate and the Terner Center hosted a webinar discussing Freddie Mac’s recent changes to make it easier for homeowners to finance the construction of an accessory…
Events

ADU Construction Financing: Opportunities to Expand Access for Homeowners

Expanding the construction of accessory dwelling units (ADUs)—a secondary, often backyard home on a single-family lot—offers benefits to individual homeowners and has the potential to increase the supply of affordable homes and…
Commentary and Analysis

The ABCs of JPAs

With housing prices out of reach for many, California is facing the need to find new ways to create housing affordable to middle-income households. While there are housing subsidy programs for low-income…
Commentary and Analysis
Graphic text: The City joins with Joint Powers Authority to issue tax exempt bonds and utilizes government tax exemption to purchase property and convert to long-term affordability OR acquire land and build new affordable housing. The city then decides what to do with the asset when the purchase option can be exercised to either 1. reposition to market rate and sell, 2. continue to maintain and/or deepen affordability, or 3. transfer to/partner with third party affordable housing company.