Investment without Displacement: Increasing the Supply of Affordable Housing in the Bay Area
Date and time
Location
Silicon Valley Community Foundation - Main Headquarters
2440 West El Camino Real Mountain View, CA 94040Description
The economy is booming in the San Francisco Bay Area, spurring enormous job creation and an influx of new high-earner households. This rapid growth is resulting in skyrocketing housing costs not just in the three big urban centers of San Francisco, Oakland, and San Jose but also in smaller towns and communities across the region.
Researchers agree that building more housing overall can help ease prices in the long term. But the market context of the Bay Area is challenging for developers of affordable housing, and new market rate development is increasingly out of reach for the diverse workforce on which the regional economy depends.
What tools, policies, partnerships, and revenue sources can be leveraged to build faster, cheaper, and at levels that are affordable to the region’s lower-income households?
Please join us on January 10th to explore ways to ensure that new development contributes to increased affordability rather than increased displacement pressures.
Speakers include:
Gloria Bruce, East Bay Housing Organizations
Rick Jacobus, Street Level Advisors
Lewis Knight, Facebook
Kristy Wang, SPUR
Miriam Zuk, Urban Displacement Project