Treasurer Tackles California’s Affordable Housing Crisis

Video

CA Treasurer John Chiang administers two programs that provide incentives to spur production of quality, affordable housing developments. For BRIDGE, these programs represent key partnerships that make our work in California possible.

In 2015, the Treasurer’s office championed reforms that many affordable housing advocates called “the most significant in the past 15 years.” View the video above to learn how the programs tangibly impact communities and Californians. You’ll also see Rivermark, a recently completed BRIDGE property; our EVP Ann Silverberg describes how low-income housing tax credits and tax-exempt bonds were essential to the financing and long-term affordability of the development.