How to Solve the Housing Shortage · 2019. 12. 8. · Pruitt-Igoe Green spaces invited their children to play and clean contemporary décor made residents feel, according to a woman

How to Solve the Housing Shortage

Leora Tanjuatco

Organizing Director

Housing Leadership Council

[email protected]

Three things:

• Rent stabilization and tenant protections

• Build more affordable housing

• Build more market-rate housing

A short history of affordable housing

Pruitt-Igoe

Green spaces invited their children to play and clean contemporary décor made residents feel, according to a woman quoted in the documentary, like they were in ‘a big hotel resort.’- Source: The Pruitt Igoe Myth

What happened?

Modern affordable housing: stand-alone

Modern Affordable Housing: mixed-income

• No services• Lower levels of

affordability• Less affordable units• Less funding sources• Market-rate

developers don’t typically have experience managing below-market-rate units

Why is it important to build market-rate housing?

San Jose Mercury NewsJuly 7, 2017

Menlo Park-based Facebook intends to develop 1.75 million square feet of offices, 1,500 units of housing, 125,000 square feet of retail space including a pharmacy, as well as a cultural and visitor center.

SF Business Times

October 10, 2017

Genentech also has two buildings under construction — an eight-story, 160,000-square-foot office and amenity building at 500 East Grand Ave. and five buildings on a childcare campus at 342 Allerton Ave. Both projects are scheduled to be completed in 2019.

Where will these employees live?

Renters have two main options:

Why is more Market-rate Housing good for Tenants?

• Together – more housing + rent stabilization

• More tenants = more political power

• Facebook employees in RWC

Discussion