Structured for Success - Reforming housing governance in California and the

Congress, departments and Affordable housing funding, infrastructure funding, agencies (such as the Department of Housing and environmental regulation, and regulation of the private Urban Development, the Department of Transporta- housing finance system and the federal tax structure tion, and the Environmental Protection Agency), and government-sponsored entities (such as Fannie Mae and Freddie Ma. [...] ABAG has the authority, within guardrails provided by the California State Legislature, to implement the Regional Housing Needs Allocation (RHNA) process, which apportions the region’s eight-year housing requirement to the cities and counties of the Bay Area, providing each city with its own housing target. [...] The housing element must include a housing needs analysis, a plan for how housing at various income levels will be accommodated within the city in ways that meet the statutory objectives of the RHNA process, a site inventory of where housing can be built, and an analysis of the constraints that could limit housing production in the city and how those constraints will be addressed. [...] State entities that finance affordable housing Four major state entities are responsible for funding affordable housing (defined here as housing that is affordable to households earning 80% of the area median income): the Department of Housing and Community Development (HCD), the California Housing Finance Authority (CalHFA), the California Debt Limit Allocation Committee (CDLAC), and the Californ. [...] The The proposed California Planning proposed California Housing Agency would subsume the long- Agency (CHA) would incorporate range planning and environmental the work of the Department review functions of the Office Housing policy California Housing and of Planning and Research.