There are many discussions and proposals being considered by the state legislators to alleviate California’s housing crisis. Last week I wrote about “affordable owner-occupied workforce housing” and “affordable workforce housing.”
Both groups represent individuals or families that have a desire to live in the community in which they work. Specialized housing concepts or “carve-out” loan programs could potentially provide a vehicle to assist with the development of affordable workforce housing.
Developers could receive incentives to build housing for these groups. Those incentives could be in the form of low-cost loans, government-backed loans, reduced building permit fees or even elimination of certain building permit fees. For example, San Diego County has eliminated all building permit fees for “Accessory Dwelling Units” for the next five years. The same rule could be made applicable to single-family detached homes, single family attached homes and apartments as an incentive for builders to build.