Affordable Housing Crisis-How the Real Estate Industry Can Help
Julie Bornstein, Former Director of the California Department of Housing & Community Development
Julie Bornstein is a 36 year resident of the Coachella Valley and enjoyed a career in affordable housing, law, and government—having the distinction of serving in all three branches at the State level. Now retired, she most recently served as Executive Director of the award-winning nonprofit affordable housing developer, Coachella Valley Housing Coalition, and before that, served as the President and Chief Executive Officer of The Campaign for Affordable Housing.
Mark Weissmann, Executive Director Southern California, Radius Agent
Mark has been a Top Producing Realtor in the Coachella Valley for the last 10 years. In addition to his experience in real estate, Mark has over 15 years of experience developing projects for major Fortune 100 and 500 companies such as Sony and the National Basketball Association.
3 Main Takeaways:
- In 2019, nearly 40 million households were “housing cost burdened,” spending more than 30% of their income on housing. One in 7 households - 17.6 million in total - were “severely cost burdened,” spending half or more of their income on housing.
- Affordable housing is designed to fit the community character in size and style. It is privately owned, designed, and developed.
- There is no correlation between affordable housing and crime. Failure to build affordable housing leads to overcrowding, absentee owners and deteriorating properties with no alternatives available to low income families.
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