Established in 2014, the Affordable Housing and Sustainable Communities program (AHSC) provides financing for affordable housing, transportation, urban greening and community programs that are combined in integrated local projects that together reduce greenhouse gas (GHG) emissions. By pairing affordable housing with high-quality transportation investments, AHSC projects foster healthy, well-connected communities, while reducing their environmental impact. AHSC has been a key strategy for changing development and land use patterns in California to achieve a more equitable and sustainable future.
This report looks at AHSC's impact through its first six rounds of funding. In that time, AHSC has invested $2.5 billion in 164 catalytic developments across California to support sustainable, connected, vibrant neighborhoods. This has resulted in 15,324 new affordable homes serving 210,705 households and helped avoid 4.4 million metric tons of GHG emissions, equivalent to removing 31,734 cars from the road. AHSC also continues to maximize investments by leveraging additional funding from other sources; the 37 AHSC-funded developments in Round 6 alone leveraged a total of $2.4 billion in additional local, state, federal and private investments.
- Report