| | | Wednesday, July 9 Round Up: Federal impacts on affordable housing, upcoming grand opening, & more! |
| | ⚖️ What the Federal Tax Bill Means for Affordable Housing |
| | Last week, President Trump signed the federal budget bill H.R. 1 into law. Among the tax provisions included, the bill permanently expands two provisions of the Low-Income Housing Tax Credit (LIHTC) program, as well as the Opportunity Zone (OZ) incentive. The tax credit provisions are estimated to halve the amount of tax-exempt bonds needed to tackle California’s affordable housing pipeline, from $9.1B to $4.5B. The affordable housing community has long advocated to expand these critical financing programs, and the permanent status of the programs is a meaningful victory for our long-term goals. Unfortunately, the package also includes devastating cuts for the communities we serve: the bill cuts over $1 trillion in funding for vital safety net programs, including Medicaid and the Supplemental Nutrition Assistance Program (SNAP). Approximately 12 million citizens will lose healthcare coverage, and nearly 22.3 million people will lose SNAP benefits. This bill, as a whole, will create more economic instability than it resolves, and housing will continue to be out of reach for those with the most urgent affordable housing needs. What's Next? Congress will now move its focus to funding the federal government in the coming fiscal year, which begins October 1. Urge Congress to expand, not cut, funding for vital affordable housing and homelessness assistance programs! Use NLIHC’s toolkits and resources to take action on 2026 funding. |
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| | 🏘️ Finding Solutions Together: Affordable Housing in the State Budget |
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| The 2025-26 state budget has officially been signed by the Governor, and the impact of NPH’s membership-based advocacy efforts have never been more clear. This year’s budget negotiations opened with an initial proposal of $0 for housing and homelessness, and now the final state budget contains: - $500M for the state Low Income Housing Tax Credits (LIHTC)
- $120M for the Multifamily Housing Program (MHP)
- Increased funding for the Department of Housing and Community Development (HCD) to support the Housing and Homeless Accountability, Results and Partnership unit
- $500M allocation for the Homeless Housing and Assistance Program (HHAP) in FY 2026-27
These budget choices provide critical capital funding that enable our members to continue moving affordable housing and homelessness solutions forward – so we can deliver on our state’s housing goals and make progress on creating a future where all our neighbors have a safe, stable, and affordable place to call home. |
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| | 🏗️ Project Spotlight: Grand Opening of Bell Street Gardens |
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| | | Bell Street Gardens is located on the corner of Bell Street and Mowry Ave. in Fremont. The development includes the renovation of an existing two-story motel and the creation of a new four-story building. The new development provides 79 renovated apartments and 49 newly constructed apartments for a total of 126 deeply affordable apartments for families and individuals and two property manager apartments. |
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| | 💡 Board Member Spotlight: Rebecca Foster |
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| The NPH Board works tirelessly to move policy forward, build capacity and community, and raise awareness about affordable housing’s impact on us all. Join us in celebrating Rebecca Foster, Chief Executive Officer at the Housing Accelerator Fund and current NPH Board Treasurer! Rebecca is the founding CEO of the Housing Accelerator Fund, a public-private partnership that provides powerful tools to improve the delivery of affordable housing. Since 2017, the Fund has invested over $450 million in housing preservation and development projects throughout the Bay Area, supporting over 2,200 permanently affordable homes for more than 4,000 residents vulnerable to displacement and homelessness. “I love being on the NPH Board because it keeps me connected to such a dynamic mix of people and perspectives across the affordable housing ecosystem. It’s energizing to be part of a coalition that brings together so many smart, passionate advocates, developers, and partners all working toward the same goal - ensuring that all NorCal residents have a stable and affordable home.” Thank you Rebecca for your work as an NPH Board Member! |
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| | 🌟 Sponsor the NPH Conference! |
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| The NPH Affordable Housing Conference has become the Bay Area’s most important convening for affordable housing leaders and practitioners. Your sponsorship of this event helps sustain NPH’s vital work and offers meaningful opportunities to highlight your organization’s leadership. Sponsor package benefits include: - Exhibitor table in a high-traffic location (Selling out fast!)
- Logo featured on official conference bags
- Complimentary tickets for your team
- Recognition in printed program, event signage, and online
New this Year! Sponsors can enhance their visibility through exclusive add-on opportunities, including: - Networking Reception Sponsor
- Lanyard Sponsor
- Wifi Sponsor
- Coffee & Tea Sponsor
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| | MEMBER EVENTS AND PARTNER OPPORTUNITIES Do you have an event you'd like featured on the website and in our newsletter? Please complete this form. |
| | 8/28, EBHO: Faith & Justice Breakfast This event will bring together spiritual leaders, community members, and advocates from a wide range of faith and moral traditions. Together, attendees will explore the powerful connections between spirituality, justice, and systemic change. |
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| | | Non-Profit Housing Association of Northern California (NPH)
49 Stevenson Street, Suite 500 | San Francisco, California 94105
415-989-8160 | [email protected] |
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