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Nearly $8 Billion Needed to Complete Outstanding Affordable Housing Projects Across Bay Area

Nearly 33,000 affordable housing units are currently stuck in predevelopment in the Bay Area and need some $7.6 billion to complete, according to new research from housing nonprofit Enterprise Community Partners and the Bay Area Housing Finance Authority.

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Construction work progresses at 401 S. El Dorado St. in Stockton, Calif., on Nov. 23, 2022. A groundbreaking ceremony at the site in June 2022 launched the construction of at least 30 affordable housing units for unhoused people living with mental illness. (Harika Maddala/ Bay City News / Catchlight Local)
Construction work progresses at 401 S. El Dorado St. in Stockton, Calif., on Nov. 23, 2022. A groundbreaking ceremony at the site in June 2022 launched the construction of at least 30 affordable housing units for unhoused people living with mental illness. (Harika Maddala/ Bay City News / Catchlight Local)

By Eli Walsh
Bay City News Foundation

Nearly 33,000 affordable housing units are currently stuck in predevelopment in the Bay Area and need some $7.6 billion to complete, according to new research from housing nonprofit Enterprise Community Partners and the Bay Area Housing Finance Authority.

A total of 395 affordable housing projects are in various stages of predevelopment, needing additional public or private funding to be completed, according to research from the two organizations, which was organized into the Bay Area Affordable Housing Pipeline database.

Of those projects, 282 are new construction projects while 67 are some form of renovation or rehabilitation of an existing building.

The researchers also found that Alameda County has the highest number of projects in development at 106, but Santa Clara County leads the region in total units in development with 10,829.

State officials have determined the Bay Area needs roughly 180,000 new housing units by 2031 to meet the total need housing need across the region.

“The good news is that the sheer size of the predevelopment pipeline gives Bay Area cities, towns and counties a good running start toward meeting the affordable housing production challenge laid down by the state,” BAHFA Director Kate Hartley said in a statement.

Affordable housing is generally funded by various bonds and funding measures, with local, state and federal funding filling in the gaps to cover the costs of development.

In lieu of waiting for state or federal funds to cover the $7.6 billion gap, officials with the regional planning agency the Metropolitan Transportation Commission have proposed placing a bond measure on the 2024 ballot that would provide between $10 billion and $20 billion in funding exclusively for affordable housing.

State lawmakers authorized the BAHFA to place a parcel tax or bond measure before voters in an effort to raise funding for affordable housing when the legislature created the authority in 2019.

The authority is jointly governed by the MTC and the Association of Bay Area Governments.

“The Bay Area faces a critical lack of affordable homes, and existing local, state and federal resources are oversubscribed,” said Justine Marcus, the senior state and local policy director for Enterprise Community Partners.

“We need new solutions to ensure every planned housing development gets built and that homes that are currently affordable remain affordable for generations to come,” she said.

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Oakland Post: Week of May 28 – June 30, 2025

The printed Weekly Edition of the Oakland Post: Week of May 28 – June 3, 2025

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Oakland Post: Week of May 21 – 27, 2025

The printed Weekly Edition of the Oakland Post: Week of May 21 – 27, 2025

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Chevron Richmond Installs Baker Hughes Flare.IQ, Real-time Flare Monitoring, Control and Reduction System

While the sight of flaring can cause concern in the community, flares are essential safety systems that burn pollutants to prevent them from being released directly into the atmosphere. They activate during startup and shut-down of facility units or during upsets or equipment malfunctions. The typical flare stack is about 200 feet high so that vapors are well above street levels.

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Image courtesy The Richmond Standard.
Image courtesy The Richmond Standard.

The Richmond Standard

Chevron Richmond recently installed flare.IQ, a real-time, automated system that will improve the facility’s flaring performance.

The technology, developed by Panametrics, a Baker Hughes business, uses sensors to monitor, reduce and control flaring in real time. It collects and assesses data on refinery processes, such as temperature, pressure, gas flow and gas composition, and adjusts accordingly to ensure flares burn more efficiently and cleanly, leading to fewer emissions.

“The cleaner the flare, the brighter the flame can look,” said Duy Nguyen, a Chevron Richmond flaring specialist. “If you see a brighter flame than usual on a flare, that actually means flare.IQ is operating as intended.”

While the sight of flaring can cause concern in the community, flares are essential safety systems that burn pollutants to prevent them from being released directly into the atmosphere. They activate during startup and shut-down of facility units or during upsets or equipment malfunctions. The typical flare stack is about 200 feet high so that vapors are well above street levels.

“A key element in Baker Hughes’ emissions abatement portfolio, flare.IQ has a proven track record in optimizing flare operations and significantly reducing emissions,” said Colin Hehir, vice president of Panametrics, a Baker Hughes business. “By partnering with Chevron Richmond, one of the first operators in North America to adopt flare.IQ, we are looking forward to enhancing the plant’s flaring operations.”

The installation of flare.IQ is part of a broader and ongoing effort by Chevron Richmond to improve flare performance, particularly in response to increased events after the new, more efficient hydrogen plant was brought online in 2019.

Since then, the company has invested $25 million — and counting — into flare minimization. As part of the effort, a multidisciplinary refinery team was formed to find and implement ways to improve operational reliability and ultimately reduce flaring. Operators and other employees involved in management of flares and flare gas recovery systems undergo new training.

“It is important to me that the community knows we are working hard to lower emissions and improve our flaring performance,” Nguyen said.

Also evolving is the process by which community members are notified of flaring incidents. The Community Warning System (CWS), operated by Contra Costa County is an “all-hazard” public warning system.

Residents can opt-in to receive alerts via text, e-mail and landline. The CWS was recently expanded to enable residents to receive notifications for “Level 1” incidents, which are considered informational as they do not require any community action.

For more information related to these topics, check out the resources included on the Chevron RichmondCAER and  Contra Costa Health websites. Residents are also encouraged to follow @chevronrichmond and @RFDCAOnline on Facebook and X (formerly Twitter), where additional information may be posted during an incident.

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