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Bay Area’s new growth plan eyes massive housing influx in Silicon Valley

Palo Alto, Mountain View would each have to plan for over 10K new housing units by 2031 under proposal

Sometime in early 2021, city planners throughout the Bay Area will receive a daunting assignment: a mandate to accommodate their cities’ “fair share” of the region’s projected housing growth.

Each of the 101 cities and nine counties that make up the Association of Bay Area Governments (ABAG) will receive a portion of the 441,176 housing units that the California Department of Housing and Community Development has assigned to the Bay Area for the next cycle of the Regional Housing Needs Allocation (RHNA), which will run from 2023 to 2031. The state agency had also determined that 114,442 of these units — or 25.9% of the total — should be designated for those in the “very low” income category.

While the numbers for each city and county won’t be formally adopted until early next year, the Association of Bay Area Governments offered a preview of what’s to come on Oct. 15, when its Executive Board adopted a methodology for doling out the allocations, completing a complex and contentious exercise that began in fall 2019. Read more via PaloAltoOnline

Pemo Theodore

Pemo is a Media Publisher & Event Producer. She is CoFounder/CEO Silicon Valley TV She is the Executive Producer of FinTech Silicon Valley & organizes Bay Area FinTech meetup: Silicon Valley FinTech meetup & Blockchain Music meetup with almost 3k members. She has produced Silicon Valley Events for Investors & Startups 7 years. She video interviews venture capitalists & angel investors & FinTech experts. She partners with videographers to cover San Francisco Bay area startup conferences & meetups with livestreaming, video & foto packages Silicon Valley TV She is based in Silicon Valley & has been involved in online business for 14 years. She has been in small business for 46 years in Ireland, London, Canada & Australia. She also published a free ebook (the findings of 1 year research from VCs, angels & women founders) “Why are Women Funded Less than Men? a crowdsourced conversation” She was TheNextWomen‘s most prolific contributor of 2011. Silicon Valley TV has been noted as a platform for supporting high growth women led companies in Huffington Post

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