In January, we learned that Governor Newsom's budget proposal for FY25 includes a claw-back of $152.5M in FY24 funding previously allocated for the CalHome program. CalHome, as the sole state funding source for the building and rehabilitation of ownership homes, plays a vital role in addressing California's housing challenges. CalHome is widely used by nonprofit
As we reflect on the significance of homeownership as the foundation of stability and prosperity, we are faced with a concerning development in Governor Newsom's budget proposal for FY25. This proposal includes a claw-back of $152.5M in FY24 funding previously allocated for the CalHome program, the only state program providing funding for affordable homeownership production
As we kick off National Fair Housing Month next month, let's delve into some eye-opening statistics. Did you know that the minimum annual income required to purchase a median-priced home in San Diego County is $249,200? Newly-released data from California Association of Realtors’ Housing Affordability Index shows that a typical single-family home, priced at $931,600,
With the close of Black History Month, we're reminded of the ongoing importance of addressing racial disparities, particularly in homeownership. As highlighted by the U.S. Department of Housing and Urban Development, homeownership remains a significant factor in the wealth gap. President and CEO Kwofi Reed's words from two years ago resonate strongly today: San Diego Habitat for
Earlier this month, San Diego Habitat united with fellow colleagues from various Habitat affiliates across the state in a powerful display of advocacy at Habitat for Humanity California's 13th Annual Advocacy Day. Nearly 100 dedicated advocates engaged in meaningful discussions with the Governor's office, as well as almost every California State Senator and Assemblymember.The primary focus
We see the effect of the high cost of housing and it's why we advocate to build more affordable homes for ownership.Our friends at California Housing Partnership recently released their "State Affordable Housing Needs" annual report. Here are some of the key findings:Black renter households are 41% more severely cost burdened than white renter households. Renters
Representatives from Habitat affiliates across California gathered in Sacramento recently to meet with State Assemblymembers and Senators during Habitat for Humanity California’s annual Advocacy Day. San Diego affiliate CEO, Kwofi Reed, and staff met with elected officials from San Diego to ask them to support asking Governor Gavin Newsom to reinstate $100M he allocated last
Stable housing — housing that is safe, healthy, and affordable — is foundational to individuals and families and to the communities we all live in. But millions of people struggle with housing costs. They are forced to choose between paying rent or buying healthy food for their families, maintaining reliable transportation to get to
Every year, Habitat for Humanity sponsors Harvard University’s State of the Nation’s Housing report, which provides a look into the U.S. housing market’s impact on renters and homebuyers. Spoiler: it's not great. Here are the key takeaways related to Habitat’s work: Soaring housing costs led to a substantial rise in housing cost burdens for the
Last month, we saw the end to a very busy legislative session and can report some great success from our coalition of California Habitat for Humanity affiliates:In coalition with other statewide organizations, we secured a $350M budget allocation over two years to the CalHome Program, which is the only dedicated funding source for homeownership from
