Even amid an exodus from the city, San Francisco’s housing crisis may be getting worse. Last spring, the California Housing Partnership Corporation (CHPC), an agency created by the state legislature in 1988 to assist non-profits and local governments to create and preserve affordable housing, calculated California needed roughly 1.3m more affordable rentals to meet housing needs. “The pandemic has added new layers to our pre-existing housing crisis,” said Sarah Treuhaft, the vice-president of research at Policy Link, an institution that studies racial and economic equity. “People who were previously not in need of assistance are now going to need it,” Matt Schwartz, president and CEO of the California Housing Partnership, told KQED. “It is a bit like Groundhog Day – we are never going to build enough housing if San Francisco encounters its next boom.”
Source: The Guardian January 09, 2021 11:02 UTC