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Berkeley Mayor Jesse Arreguín on stage with Axios Co-founder Mike Allen. Photo: Chris Constantine for Axios

On Wednesday morning in San Francisco, Axios Co-founder Mike Allen hosted a series of one-on-one conversations to discuss the future of affordable housing in the Bay Area.

Sen. Scott Wiener, California State Senate
Sen. Scott Wiener discusses affordable housing Wednesday morning. Photo: Chris Constantine for Axios

Sen. Scott Wiener focused on the critical need for housing development in the Bay Area, particularly around public transit, and highlighted how affordable housing can work in tandem with climate goals.

  • On the contentiousness of housing politics: "Housing politics, unfortunately, are a little bit like climate and gun safety politics. The people get it. This is not an issue of popular sentiment...But like gun safety and climate, it has not trickled up to elected officials in the way that it needs to. "
  • On focusing development around public transportation: "We don't want to build sprawl and destroy farmland and force people into two-hour commutes to increase carbon emissions and clog the freeways...So it's very, very important from a climate perspective and a housing perspective."
Alice Carr, Head of Community Development Banking, JPMorgan Chase
Alice Carr on the Axios stage. Photo: Chris Constantine for Axios

Head of Community Development Banking at JPMorgan Chase, Alice Carr, discussed the role of the public and private sector in housing development in her View from the Top segment.

  • On the public and private sectors working together to address this challenge: "Low-income housing tax credits are the primary driver for building new affordable units throughout the country. And that's policy-driven. That's a federal commitment to affordable housing."
  • On finding multi-pronged solutions to deeply entrenched problems: "We know that housing tax credits are not going to solve a national affordable housing crisis [alone]. We are behind as a country in providing the number of units we need throughout the country, not just affordable and subsidized housing. So we really need to focus on ways of increasing housing production across the spectrum."
Catherine Bracy, Co-founder and Executive Director, TechEquity Collaborative
Catherine Bracy in conversation with Mike Allen. Photo: Chris Constantine for Axios

Co-founder and Executive Director at TechEquity Collaborative, Catherine Bracy, highlighted the importance of tech workers and employers showing up in conversations around affordable housing and engaging more deeply in the community.

  • On growing a tech economy: "I think growth should lift all boats and that we need to focus on policy solutions that are going to make it possible for a growing tech economy to create opportunity for everybody who lives here, whether they work in the tech industry or not."
  • On tech workers throwing their support behind equitable housing initiatives: "I think most tech workers agree with [increasing affordable housing]."
Mayor Jesse Arreguín, Berkeley, California

Mayor Jesse Arreguín discussed the importance of preventive policies around homelessness, concentrating housing close to where jobs are located, and making sure that housing is more equitably distributed throughout the region.

  • On the need for affordable housing: "[Homelessness] is one of the most visible challenges that we are experiencing, not only in Berkeley but throughout the state of California...I think it really is a symptom of how broken our economic system is that we have people that are finding themselves without housing. We need to build more affordable housing and make sure people stay housed."
  • On making sustainable development plans for the future: "We need to look at how we are going to grow as a region expecting 2.4 million more people to come to the San Francisco Bay region. Where are they going to live? How are they going to commute to work and to home? And that means building housing in areas where there's been active resistance to building housing."

Thank you JPMorgan Chase for sponsoring this event.

Go deeper

Anti-Trump lawmakers' private security expenses ballooned after Jan. 6 riot

Sen. Mitt Romney (R-Utah) speaking to reporters on Capitol Hill on April 14. Photo: Kent Nishimura/Los Angeles Times via Getty Image

Members of Congress are spending tens of thousands of dollars on personal security for them and their families in the wake of the Jan. 6 riot, according to an analysis of first-quarter Federal Election Commission reports by Punchbowl News.

Between the lines: Private security expenditures were especially common among anti-Trump Republicans and high-profile Democrats who earlier this year voted to impeach and convict the former president for inciting the deadly Jan. 6 Capitol riot, signaling they fear for the safety of themselves and their families.

1 hour ago - World

Jimmy Lai among Hong Kong pro-democracy leaders sentenced to prison

Students standing under a banner during a flag raising ceremony on the first annual National Security Education Day in Hong Kong. Photo: Vernon Yuen/NurPhoto via Getty Images

A Hong Kong court sentenced a group of the city's most prominent pro-democracy activists to up to 18 months in prison Friday for organizing a massive unauthorized protest in August 2019 that drew an estimated 1.7 million people, AP reports.

Why it matters: Critics say the sentences send the message that even peaceful pro-democracy activism will be severely punished. They mark a continuation of Beijing's overhaul of Hong Kong's political structure, designed to crack down opposition to the Chinese Communist Party.

Local news moves to the inbox

Illustration: Annelise Capossela/Axios

A slew of new companies are launching platforms for local newsletters, a shift that could help finally bring the local news industry into the digital era.

Driving the news: Substack, the email publishing platform for independent journalists, on Thursday announced a new local news platform.