Transcription of California's Housing Future
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California's Housing Future : Challenges and Opportunities Public Draft Table of Contents Table of Contents Table of Executive Summary .. 1. Introduction .. 3. Snapshot: The Current State of Housing Affordability in 5. Projected Housing Needs Through 2025 .. 5. Million New Homes Needed by 5. Past Production .. 5. Demographic Trends Drive Housing 6. Population Household Growth .. 7. Race and Ethnicity Population Trends .. 8. Vulnerable Populations .. 9. Current Housing Characteristics .. 15. Housing Types and 15. Age of Existing Housing Stock .. 16. Overcrowding .. 16. Homeownership Rate Trends .. 17. Homeownership Rates by Race and Ethnicity .. 19. Costs and Affordability .. 20. Single-Family Home Sale Prices 20. Recent Home Sale Prices Throughout California.
The California Department of Housing and Community Development (HCD), in consultation with the California Department of Finance, determines the State’s housing need for a 10year period, based upon Department of Finance -
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