Policy Category: Cost of Building
Key Advances Toward a One-Stop Shop for Affordable Housing in California
California is on the cusp of a major transformation of its affordable housing delivery system. Beginning July 1, 2026, the…

Potential Pathways to Scale Innovative Construction Methods in California
Amid a deepening housing crisis, innovation in housing construction has emerged as a promising pathway to lower costs, shorten development…

The Financial Impacts of Construction Defect Liability on Housing Development in California
Author: William Fulton, Terner Center Fellow Despite significant state legislation over the past decade to boost housing production, new housing…

Property Tax Exemptions to Facilitate Affordable Housing: Lessons from California
This brief explores increasing the use of property tax exemptions as a way to enable new construction and preserve affordable…

Reducing the Complexity in California’s Affordable Housing Finance System
Authors: Carolina Reid, Faculty Research Advisor Tiffany Tran, Graduate Student Researcher Given the critical need to expand the supply of…

Low-Income Housing Tax Credit Construction Costs: An Analysis of Prevailing Wages
Since its founding, the Terner Center has conducted research to better understand the factors driving the costs of housing development,…

Making Missing Middle Pencil: The Math Behind Small-Scale Housing Development
This brief examines the financial feasibility of building missing middle housing, such as duplexes, fourplexes, and ten-unit buildings, in California.…

Making It Pencil: the Math Behind Housing Development – 2023 Update
This brief explains the basics of how developers build new housing in California, aiming to serve as a resource for…
Knowledge Exchange Rates: Industrialized Construction in the United Kingdom
In early December, the Terner Center joined the U.S. delegation of individuals working in academia, government, and the built environment…

The Cost to Build New Housing Keeps Rising: State Legislation Aiming to Reverse the Upwards Trend
Authors: Muhammad Alameldin, David Garcia The constraints on housing supply are a significant contributor to the current housing crisis. The…
