1. How to Solve the Housing Shortage
Leora Tanjuatco
Organizing Director
Housing Leadership Council

2. Three things: Rent stabilization and tenant protections
Build more affordable housing
Build more market-rate housing

3. A short history of affordable housing

4. 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

5. What happened?

6. Modern affordable housing: stand-alone

7. 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

8. Why is it important to build market-rate housing?
San Jose Mercury News
July 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.

9. 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.

10. Where will these employees live?

11. Renters have two main options:

12. Why is more Market-rate Housing good for Tenants?
Together – more housing + rent stabilization
More tenants = more political power
Facebook employees in RWC

13. Discussion