Housing Forecasting

Housing

May Map of the Month: When Will Bay Area Cities Reach Plan Bay Area 2040 Housing Targets?

May Map of the Month

May's Map of the Month from MTC and ABAG Executive Director Steve Heminger looks at what year cities around the Bay Area are anticipated to reach their housing growth forecasts, assuming the annualized housing production rate since 2010 doesn't change.

From the Executive Director's latest report to the MTC Commission and ABAG Executive Board:

To beat a dead horse, May’s Map of the Month highlights the continued housing production challenges in the Bay Area, comparing Department of Finance housing production data between January 2010 and December 2017 with the Plan Bay Area 2040 housing forecasts by jurisdiction. This month's map shows the year that each city or town would meet its Plan Bay Area 2040 housing growth forecast if it continues on its recent production trajectory, during this lengthy economic expansion. Not surprisingly, most jurisdictions are lagging the Plan’s housing goals – meaning that the region won’t reach its 2040 housing goal until 2072 at the current pace.

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