Inside this newsletter...

Mid-Year Underwriting Push & Raising Environmental Consciousness

At the mid-point of the year, we typically think of the sun: how to get out into it more often or how to get out of it altogether and cool off. For us at CHC, it’s the time to call attention to heat in terms of our mid-year membership/ underwriting push as well as to the promise of energy efficiency and ‘green’ approaches to affordable housing production...

Making Green Building Affordable for Affordable Housing

With media coverage of environmental issues increasing steadily – from global warming to energy efficiency and renewable energy sources – California’s affordable housing sector is uniquely poised to demonstrate how innovations can have a beneficial impact on our environment and our quality of life...

On November 7, 2006, California voters approved Prop 1C, the $2.85 billion housing bond by a margin of 58-42%. As we look ahead to building support for affordable housing and an eventual state housing trust fund, we’re encouraged by the PROP 1C victory in two other ways. First, across (7) counties that had previously been opposed to Prop 46 have now come out in support of PROP 1C: Lake, Butte, Madera, Tulare, Kings, Kern, and San Luis Obispo. Secondly, it is especially encouraging to note the narrowing of the opposition from 4 years ago: of the 23 counties that votes against PROP 1C, the measure trailed by more than 1,000 votes in only 6 of them.