Nearly 40,000 affordable homes that could serve more than 432,000 low-income households over the next 55 years are awaiting final funding to begin construction in California, according to Enterprise research. While the 2026 California Affordable Housing Pipeline shows strong development momentum, the analysis makes clear that without adequate public funding, these shovel-ready projects will not move forward.
This brief explores the data and its implications for the state, including four key actions to unlock and scale affordable homes:
- Invest urgent state funding through the 2026-27 budget
- Pass the 2026 Affordable Housing Bond Act and pave the way for permanent funding
- Streamline the housing finance system and improve cost-efficiency
- Confront operational challenges.
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- Brief
