Advisory Center for Affordable Settlements & Housing

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Document Type General
Publish Date 17/07/2007
Author Steve Sanders
Published By Bank of America
Edited By Tabassum Rahmani
Uncategorized

California: Affordable Housing

Housing is a basic human need. However, for most people it is much more. Collections of homes form social networks and neighborhoods. This can be an important part of people’s identity and self-image. For many, it is also a financial asset, often the largest single investment a family may own. When a developer proposes to build new housing, existing residents will likely have concerns. This can be particularly true if the housing is designed to meet the needs of families and individuals with lower or moderate incomes. This kind of housing is known by various terms, including affordable housing and workforce housing.

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