STATEMENT: Terner Center Report on Affordable Housing in California

from Californians for Responsible Housing:

SACRAMENTO – Californians for Responsible Housing, the coalition opposing Hollywood activist Michael Weinstein’s ballot measure to repeal the Costa-Hawkins Rental Housing Act, issued the following statement on the “Finding Common Ground on Rental Control” report released yesterday by the Terner Center for Housing Innovation at UC Berkeley.

“Unlike the proposal that may appear on the November ballot that will act as a catalyst to further worsen California’s affordable housing crisis, the two policies in this report appear at first glance to be a responsible middle ground,” said campaign spokesperson Steven Maviglio.

“An anti-gouging cap along with tax incentives to promote construction of new affordable housing could be an effective combination to address rising rents while creating incentives to build the 1.8 million housing units that our state needs by 2025.”

“While we still are reviewing the details of the Terner Center’s report, it certainly is a smarter approach, and more creative in taking a step to solve our housing crisis than the flawed ballot measure proposed by Weinstein.”