investAHSC is a statewide, cross-sector coalition of affordable housing, transit, environmental justice, and community stakeholders, as well as local elected officials, working to ensure that California continues to fund the Affordable Housing and Sustainable Communities program.
Established in 2014, the Affordable Housing and Sustainable Communities program (AHSC) provides financing for affordable housing, sustainable transportation, and programs that reduce greenhouse gas (GHG) emissions. AHSC is one of our state’s largest funding sources for affordable housing. By pairing affordable housing with high-quality transportation investments, AHSC projects foster healthy, well-connected communities. Moreover, AHSC projects encourage cross-sector collaboration that can have long-lasting benefits for local communities. The AHSC Program is funded by Cap-and-Trade auction proceeds through the Greenhouse Gas Reduction Fund. The AHSC Program is administered by the Strategic Growth Council (SGC) and implemented by the Department of Housing and Community Development (HCD). To learn more about AHSC, visit the Strategic Growth Council website.
AHSC Impact in California
In its first four years, AHSC invested over $1.1 billion statewide to fund 102 projects that will result in:
9,014 high-quality, affordable homes for low-income Californians with an average of $730 saved in rent each month,
15,600 cars removed from the road each year,
2.2 million metric tons of CO2 reduced over project lifespan, and
21,100 jobs during construction, amounting to over $1.7 billion in wages and business income and over $671 million in revenue for State and local government.