Affordable Housing in Newport Beach (June 2015)
The Newport Beach Housing Element is a state-mandated element of the City’s General Plan; it covers the planning period for the years 2014-2021.
The Housing Element evaluates the City’s population, income and housing data and sets forth goals, policies and actions to facilitate future development and preservation of housing for all economic segments within the community.
Housing is considered affordable when a household pays 30% or less of its income (e.g., a family with an income of $75,000 should pay no more than $1,875 per month for housing.)
For more information on this important topic, please read the presentation here which was made to SPON at its June 2015 Board Meeting.
Newport Beach resident Carolyn Martin, who made this presentation, is a former Laguna Beach Planner and advocate for affordable housing.