Affordable Housing Aspirations and Hurdles
UCLA Luskin’s Michael Lens spoke to CalMatters about Vice President Kamala Harris’ pledge to build 3 million affordable homes in her first term if she is elected president — and how a similar campaign promise made by California Gov. Gavin Newsom has fared. Harris’ plan includes tax incentives, an “innovation fund” to finance construction, repurposing federal land for housing, streamlining the permitting process — “all of the stuff we talk about at dorky academic conferences,” said Lens, a professor of urban planning and public policy. But as Newsom found, transforming the housing market from the top is difficult, thanks to pricey land, high construction costs, onerous regulations and community resistance. California officials are pushing to clear regulatory hurdles, with modest impact so far but the promise of a faster pace of home construction in the future. “That’s a precursor to making a lot of these things work,” Lens said. “We have to make housing more allowable in more places.”
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