Voters in many U.S. jurisdictions passed housing measures Nov. 8 that will collectively set aside billions of dollars in new funding to create more affordable housing and provide protections for renters.
Notable propositions impacting housing include:
- With 92% of votes counted, in Colorado, voters favored passage of Proposition 123, which would require the state to allocate about 2% of income tax revenues in the annual budget for affordable housing.
- A so-called “mansion tax” in Los Angeles appeared headed for passage. It would impose a one-time tax on residential and commercial property sales that exceed $5 million with money directed to construction of affordable housing, emergency rent subsidies, and services for those at-risk homelessness.
- Berkeley, Calif., passed a $650 bond measure that sets aside $200 million to create 1,500 affordable units for low-income residents and people experiencing homelessness.
- Oakland, Calif., passed a $350 million bond measure to buy, rehabilitate, and build affordable housing.
- A bond measure passed in Buncombe County, North Carolina, (including the City of Asheville) that raises $40 million to pay for low-to-moderate-income affordable housing.
- Austin, Texas, passed a $350 million bond measure for low-income rental housing, low-income homeownership, home repairs, and preservation of existing affordable housing.
- A $200 million bond package passed in Columbus, Ohio, to create new affordable units, aid affordable home ownership, preserve existing affordable units, and support residents experiencing homelessness.
- In Kansas City, Missouri, a $50 million bond measure will help rehabilitate, renovate, and construct housing for very low- to moderate-income households.
Related Stories
Codes and Standards | Jul 22, 2022
Hurricane-resistant construction may be greatly undervalued
New research led by an MIT graduate student at the school’s Concrete Sustainability Hub suggests that the value of buildings constructed to resist wind damage in hurricanes may be significantly underestimated.
Building Team | Jul 20, 2022
San Francisco overtakes Tokyo as the world’s most expensive city for construction
San Francisco has overtaken Tokyo as the world’s most expensive city for construction, according to a new report from Turner & Townsend.
Airports | Jul 18, 2022
FAA will award nearly $1 billion for airport projects
The Federal Aviation Administration (FAA) will award nearly $1 billion to 85 airports of all sizes across the country to improve terminals.
Building Team | Jul 13, 2022
The YIMBY movement emerges as valuable advocate for affordable housing
Over the past few decades, developers grew accustomed to nothing but staunch opposition to dense affordable housing project proposals.
Codes and Standards | Jul 12, 2022
USGBC sets out principles for LEED’s future
The U.S. Green Building Council recently published a report containing principles outlining how LEED will evolve.
Codes and Standards | Jul 8, 2022
Inefficient supply chains, outdated project delivery systems hamper construction investment
Constructing and justifying the cost of physical assets such as a manufacturing plant is much more difficult than it was decades ago, according to a report by Steffen Fuchs, senior partner with McKinsey & Company.
Building Team | Jul 7, 2022
Report explores improving architect/contractor relationship
A new study by the American Institute of Architects and the Associated General Contractors of America focuses on improving the relationship between architects and contractors.
Codes and Standards | Jun 15, 2022
Waived tariffs on solar panels expected to boost solar power
The Biden Administration recently waived tariffs on solar panels from four countries in a move advocates say will accelerate the clean energy transition and benefit national security.
Codes and Standards | Jun 14, 2022
Hospitals’ fossil fuel use trending downward, but electricity use isn’t declining as much
The 2021 Hospital Energy and Water Benchmarking Survey by Grumman|Butkus Associates found that U.S. hospitals’ use of fossil fuels is declining since the inception of the annual survey 25 years ago, but electricity use is dipping more slowly.
Building Technology | Jun 9, 2022
GSA Green Proving Ground program selects six innovative building technologies for evaluation
The U.S. General Services Administration’s (GSA) Green Proving Ground program, in collaboration with the U.S. Department of Energy, has selected six innovative building technologies for evaluation in GSA’s inventory.
