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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 materials and labor costs seeing the biggest increases. These heightened costs to…
Commentary and Analysis
new housing construction

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:

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.

State Law, Local Interpretation: How Cities Are Implementing Senate Bill 9

Last year, the California Housing Opportunity and More Efficiency (“HOME”) Act, also known as Senate Bill 9, was signed into law, enabling homeowners to split their single-family residential lot into two separate…
Commentary and Analysis

Biden Administration Steps Forward for Housing Supply

On May 16th, the White House released a plan to address the nation’s critical housing supply shortage. The plan’s “all of government” approach moves forward a wide range of federal levers to…
Commentary and Analysis
new housing construction