How Has COVID-19 Affected Renters and Homeowners?

Jan 19, 2021 - Throughout 2020, mortgage delinquencies remained very low, in part because —as discussed earlier —job losses have been less severe in jobs typically held by homeowners and federal stimulus programs have stabilized household budgets.
https://lao.ca.gov/Publications/Report/4312

The 2019-20 Budget: What Can Be Done to Improve Local Planning for Housing?

Feb 20, 2019 - Given this, offering rewards to cities and counties in hopes of boosting housing production seems like a risky bet. If the Legislature were to allocate funding for rewards, it cannot be sure what effect, if any, such a program would have on home building.
https://lao.ca.gov/Publications/Report/3938

Climate Change Impacts Across California - Crosscutting Issues

Apr 5, 2022 - A significant decrease in agricultural production could have considerable employment impacts in that region, such as fewer jobs overall and unpredictable changes to the nature of remaining jobs. Loss of Biodiversity and Natural Resources Increasing Temperatures and Severe Weather Events Threaten State ’s Fish and Wildlife, Ecosystems, and Native Plants.
https://lao.ca.gov/Publications/Report/4575

Housing and Homelessness Funding Impacting Children

Mar 25, 2019 - Building Homes and Job Fund Program (SB 2) California Emergency Solutions Housing Program. Provides funds for a variety of activities to assist persons experiencing or at risk of homelessness. Permanent Local Housing Allocation Program.
https://lao.ca.gov/Publications/Report/3985

The 2019-20 Budget: Considerations for Governor's Proposals to Address Homelessness

Feb 21, 2019 - For the state ’s lowest ‑income households, job loss or an unexpected expense could result in homelessness. California has more people experiencing homelessness than any other state in the nation. While there is no obvious right answer as to how the Legislature should address this crisis, the Governor ’s interest in investing state resources to bolster short ‑term solutions —such as emergency shelters —is reasonable.
https://lao.ca.gov/Publications/Report/3942

The 2019-20 May Revision: Opportunity Zones

May 11, 2019 - A December 2017 federal law (known as the Tax Cuts and Jobs Act) established new tax benefits to encourage investment in certain economically distressed areas —called Opportunity Zones. States had discretion to identify Opportunity Zones based on federal guidance.
https://lao.ca.gov/Publications/Report/4038

The 2022-23 Budget: The Governor's Housing Plan

Feb 14, 2022 - Many of the Governor ’s budget proposals would support more dense housing development —near jobs, schools, and other community amenities —that can be accessed with public transportation, reducing dependence on vehicles, and limiting GHG emissions.
https://lao.ca.gov/Publications/Report/4535

Letter to Mr. John Shirey, California Redevelopment Association [Publication Details]

Feb 16, 2011 - In our report The 2011-12 Budget: Should California End Redevelopment Agencies? (http://lao.ca.gov/Publications/Detail/2440), we analyzed the California Redevelopment Association’s study regarding the economic effects of redevelopment. We concluded that this study significantly overstated the number of jobs resulting from redevelopment.
https://lao.ca.gov/Publications/Detail/2452

Perspectives on Helping Low-Income Californians Afford Housing

Feb 9, 2016 - Because of this, households may be discouraged from moving from their existing unit to market –rate housing even when it may otherwise benefit them —for example, if the market –rate housing would be closer to a new job.
https://lao.ca.gov/Publications/Report/3345