Get The Facts About AB 1157
California’s housing shortage is driven by red tape, construction costs, and a lack of supply—not housing providers. AB 1157 will only make it harder for the math to pencil out for housing developments to meet the housing needs of working families, seniors, and young Californians in desperate need of housing options.
In this report, the authors present analyses of production cost differences among privately funded, market-rate apartments and publicly subsidized affordable apartments in California, Colorado, and Texas using a sample of cost data on more than 140 completed projects. The report highlights large cross-state differences in production costs—for example, the average market-rate apartment in California is roughly two and a half times the cost of a similar apartment constructed in Texas on a square-foot basis—and regional differences. The report also focuses on the specific contributions of different cost categories to these overall differences and seeks to identify related policy reforms—such as requiring faster approval times, removing complex design requirements that do not relate to safety or habitability, and reducing mandatory fees assessed on new multifamily housing—that can lower production costs and increase housing affordability in California [...]
2019 Stanford Study: The Effects of Rent Control Expansion on Tenants, Landlords, and Inequality: Evidence from San Francisco
2019 University of Chicago Study: Trickle-down housing economics
2016 California Legislative Analyst’s Office Study: Perspectives on Helping Low-Income Californians Afford Housing
We are a coalition of housing advocates, businesses, renters, landlords, and homeowners who OPPOSE AB 1157.
