Housing Insecurity in Southern California
Southern California is home to the largest population of severely cost burdened renter households and unsheltered homeless in the nation. More than 1 million renter households live on the brink of homelessness, paying more than half of their monthly income on rent, and 84,000 men, women, and children live on the streets. In Los Angeles County alone, one in three families pays more than 50 percent of their income on a place to live, and 47,000 men, women, and children live on the streets and in shelters.
In Southern California, Enterprise works with more than 50 partners from the Central Valley to San Diego to bring together the people and resources to build and preserve affordable housing and other community assets to create vibrant, equitable, inclusive neighborhoods. We deploy capital, shape policy and lead solution-based programmatic interventions – through training, direct technical assistance, convenings, resource guides and targeted grants.
Since 1997, we have invested more than $1.2 billion in the region, creating and preserving more than 21,000 affordable homes, delivering impactful technical assistance and capacity building to both our public partners and developers, and working with key stakeholders to achieve the systems change that is needed to address the severe housing crisis.
Following are the programs and initiatives we are leading to move this mission forward.
Equitable and Inclusive Neighborhoods
Our Sustainable Connected Communities program is transforming neighborhoods by ensuring affordable homes are near public transit and essential community assets. We bring together residents, community development organizations, public agencies and philanthropic entities to create inclusive and equitable neighborhoods. We are working in six communities in Los Angeles County: East Los Angeles/Boyle Heights, Lincoln Heights, South Los Angeles (including the Promise Zone), Crenshaw Corridor, Little Tokyo, and East Hollywood (Promise Zone).
Gentrification and displacement is becoming one of the major challenges in our region, leading to the displacement of long-term residents and local businesses. Los Angeles is a renter's market and the majority of the housing stock here is in small, multifamily developments of two to 49 units. Through our Small Multifamily Housing program, Enterprise is working with community development corporations, mom-and-pop owners, public agencies and financial institutions to keep these rental homes affordable, ensuring low- and medium-income residents can stay and thrive in their neighborhoods.
Enterprise's Vulnerable Populations program works to preserve existing and to create new affordable homes connected to services. Permanent supportive housing (PSH) is an effective solution to ending homelessness while also lowering public costs dramatically. We are developing and implementing solutions and advancing policies that facilitate the preservation and production of successful long term operation of PSH by improving the systems to house the homeless men, women and children in Los Angeles County.
Advocacy and Systems Change
Affordable housing resources at the federal, state and local levels cannot keep pace with the growing need for housing in Southern California. Los Angeles County alone is short more than 550,000 affordable homes. Enterprise is working at all levels of government to help develop policies, advocate for resources, and programs needed to meet the needs of working families, seniors, low-income households and vulnerable populations.
Through our leadership and collaboration with strategic partners in Southern California, we will:
- Improve systems and remove local barriers to the production of new and preservation of existing affordable housing
- Protect and increase state and local resources
- Increase economic opportunity
- Decrease housing insecurity and advocate for equitable and inclusive communities