Bay Area Council Blog

gov housing bill signing

FIRST IMPORTANT STEP IN ADDRESSING CA HOUSING CRISIS

California took an important first step today in addressing its massive housing crisis when Gov. Jerry Brown signed a package of legislation aimed at providing new funding, streamlined local approvals and stronger enforcement of existing housing laws. Bay Area Council CEO Jim Wunderman joined Gov. Brown, legislators and housing advocates from around the state at a signing ceremony in San Francisco’s Hunter’s Point for 15 bills that included a handful for which the Council had advocated. SB 2 (Atkins) creates a $75 real estate transaction fee that is estimated to generate $250 million annually for affordable housing and SB 3 (Beall) authorizes a statewide $4 billion bond measure for housing that is expected to appear on the ballot in 2018. In addition, SB 166 (Skinner) and SB 167 (Skinner) add teeth to existing laws requiring cities to approve new housing. Much more remains to be done to open the pipeline of new housing the state so badly needs and the Council is already turning its attention to the next legislative session. With an annual shortfall of about 80,000 housing units on top of an estimated 2 million unit deficit, California has a long way to go before it closes the gap and begins to make a dent in its affordability problem.

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COUNCIL CHAIR BERNARD J. TYSON A NATIONAL VOICE ON BIPARTISAN HEALTHCARE FIX

The debate over the nation’s healthcare system continues to rage and Kaiser Permanente Chairman and CEO and Bay Area Council Chair Bernard J. Tyson is emerging as a strong national voice on the topic. Tyson was a key witness in testifying before Congress on the latest repeal effort and brought his views to a national television audience in offering analysis on what steps we need to take to stabilize healthcare markets. Tyson advocated for a bipartisan approach to addressing problems with the ACA that ensures access for all to healthcare and healthcare insurance, provides adequate cost-sharing provisions and allows flexibility for states.

Watch Tyson’s comments on ABC News>>

Watch Tyson’s testimony in Congress>>

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COUNCIL HEADLINES CHINA’S MAJOR INNOVATION WEEK PRESIDED OVER BY PREMIER LI KEQIANG

For over 10 years, the Bay Area Council has helped expand bilateral trade and investment between the Bay Area and the fast-emerging technology and innovation hub of Yangpu District in Shanghai, which is now the host city for China’s annual Mass Entrepreneurship and Innovation Week presided over by Chinese Premier Li Keqiang. And, last week, the Council led some of the region’s top clean energy innovators to participate in the major summit, including California Clean Energy Fund and startup incubator 500 Startups, where delegation members spoke at the week’s headline conference. In his keynote address at the Sino-US Green Innovation Forum, Council CEO Jim Wunderman highlighted the role the Bay Area plays in propelling the Yangtze Delta Region to a knowledge-based, hi-tech economy. In partnership with the Yangpu District’s government, the Council has helped over 50 Californian companies grow their presence in the Asian market.

Also this month a delegation of Bay Area life science companies and researchers traveled to China to explore business development and expansion opportunities. Organizations such as BIOCOM and Twist Bioscience expressed the unique benefits and opportunities that come with working in China – a process simplified by the Council’s China Initiative platform. Ongoing projects such as the Council’s Global Innovation Center in Nanjing and partnership work in Hangzhou will continue to expand economic opportunities between California and the Yangtze Delta Region as it continues to transform its industrial economy into a globally competitive, innovation hub. To engage in our China initiative, please contact Chief of Global Business Development Del Christensen.

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NEW POLL HIGHLIGHTS URGENCY FOR HOUSING SOLUTIONS

Results of a new statewide poll gave added urgency to the Bay Area Council’s efforts in securing Gov. Jerry Brown’s signature on legislation to address California’s epic housing crisis. The survey by UC Berkeley’s Institute of Governmental Studies found that 25 percent of voters are considering leaving California because of skyrocketing rents and home prices fueled by a massive housing shortage. The poll found that 92 percent of Bay Area voters think that housing affordability is a serious problem, exceeding the 84 percent level statewide. Council CEO Jim Wunderman was a featured guest on KQED Forum on Thursday to talk about the Berkeley poll results and the solutions on which the Council is focused.

The Council is urging Gov. Brown to sign SB 2 (Atkins) and SB 3 (Beall), which would authorize a statewide vote in 2018 on a $4 billion bond measure for affordable housing and a $75 real estate transaction fee to support local housing, respectively. The Council also is urging the Governor’s signature on two bills by Sen. Nancy Skinner (SB 166 and SB 167) that add teeth to existing laws requiring cities to approve housing.

Listen to the KQED Forum segment with Jim Wunderman>>

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COUNCIL WELCOMES BEIJING MAYOR, SIGNS MOU EXPANDING ECONOMIC COOPERATION

The Bay Area Council this week was honored to welcome Beijing Mayor Chen Jining to the Bay Area as he attended a ceremony for the signing of a memorandum of understanding (MOU) that takes a step forward for a possible new Council office in China’s capital city. The visit by Mayor Chen, former President of prestigious Tsinghua University and Chinese Minister of Environmental Protection, and a delegation of top level Chinese economic and innovation officials highlighted the Council’s deep and growing relationships in China as we work to expand bilateral trade and investment. The MOU between the Council, world-famous Zhongguancun Science Park, which serves as Chinese headquarters for such U.S. companies as Google, Oracle and Intel, and Council of Industry and Technology Alliances in Z-Park marked a significant step forward in our work to expand economic connections with Beijing. The MOU calls for exploring the creation of a new think tank, developing a research and development platform and establishing branch offices both here and in Beijing. Council CEO Jim Wunderman joined Wang Chengwen, Vice Chairman of the Council of Industry and Technology Alliances in Z-Park, and Zhai Lixin, Director General of the Administrative Committee of Zhongguancun Science Park, in signing the MOU. To engage in our China initiative, please contact Chief of Global Business Development Del Christensen.

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TAKING OFF: COUNCIL LOOKS TO STRENGTHEN TALENT PIPELINE IN THE AVIATION INDUSTRY

Strengthening talent pipelines from high schools into technical training programs and improving the rate of community college graduates taking certification tests were identified on Monday (9/18) at the second Occupational Council for Aviation Maintenance Technicians (AMTs) as the two most promising solutions for the hiring strain airlines are facing. Airlines in the Bay Area region are facing extremely high levels of attrition due to retirement, and their needs for technical talent are increasing dramatically. Cumulatively, these employers are seeking to fill hundreds of jobs in the region before the end of 2017.  Convening Bay Area Council employer members, including United Airlines and Alaska Airlines, and educators to talk through the often longstanding hurdles preventing companies from hiring local, qualified, and diverse talent has allowed the Workforce of the Future Committee to pinpoint opportunities for improvement, such as community education events that involve high schoolers, their parents, and student career counselors in the case of AMTs. To learn more about how you can engage with the Workforce of the Future Committee on addressing the region’s pressing workforce gaps, contact Senior Vice President of Policy Linda Bidrossian.

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LEGISLATURE TAKES FIRST STEP IN ADDRESSING HOUSING CRISIS

The state legislature late Thursday (Sept. 15) took a first step in addressing California’s epic housing crisis by approving a package of bills aimed at providing new funding for affordable housing and easing regulatory hurdles. Two funding bills the Bay Area Council was supporting—SB 2 (Atkins) and SB 3 (Beall)—won passage along with two other bills—SB 166 (Skinner) and SB 167 (Skinner)—that add teeth to existing laws requiring cities to approve new housing. SB 2 creates a $75 real estate transaction fee that is estimated to generate $250 million annually for affordable housing, while SB 3 authorizes a statewide $4 billion bond measure for housing that is expected to appear on the ballot in 2018. The bills, which still need Gov. Brown’s signature, represent a welcome opening salvo against the state’s massive housing shortage and affordability problem, but much more must be done to close an ongoing housing shortfall of 80,000 units a year. To engage in the Council’s housing policy work, please contact Senior Vice President Matt Regan.

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MAKING THE BAY RESILIENT BY DESIGN

Against the backdrop of record-breaking flooding in Houston and the Caribbean, the Resilient by Design Bay Area Challenge on Sunday (Sept. 10) announced 10 winning design teams to propose innovative resiliency projects along the San Francisco Bay shoreline. The winning teams were selected by an independent jury from a pool of over 50 applicants, and include several Bay Area Council member companies, including AECOM, Arup, Gensler, and Andy Ball. The winning teams are now spending the next few weeks taking whirlwind tours of the entire Bay shoreline, meeting with local officials and community groups along the way to get a better understanding of the Bay’s diverse needs, culminating in the unveiling of 10 project proposals in May 2018.

The Rockefeller Foundation selected the Bay Area to host the first Resilient by Design challenge following the region’s approval of Measure AA, the June 2016 parcel tax measure that raises $500 million over the next 20 years for wetland restoration and flood protection improvements along the San Francisco Bay shoreline. The Bay Area Council played a leading role in the Measure AA campaign, and serves on the Executive Board of Resilient by Design. To learn more about the Council’s resiliency work, or about the Resilient by Design challenge, please contact Vice President Adrian Covert.

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MAJOR NEW BAY AREA INNOVATION CENTER IN CHINA ANNOUNCED

The Bay Area Council this week joined leaders from the Chinese district of Gulou to announce the launch of an exciting new Bay Area Innovation Center in Nanjing. Bay Area Council Economic Institute President Dr. Micah Weinberg traveled to Nanjing to serve as a keynote speaker at the Golden Autumn Trade Festival where the new center was announced. The center will offer companies resources to access the region’s top tier talent and establish a bridge for startups to navigate between the Yangtze Delta region, San Francisco and Silicon Valley. Discussions focused on Nanjing’s efforts to transition to an innovation economy through its connections with the Bay Area. With the help of the Economic Institute, as the leading think tank focusing on the key issues affecting the Bay Area economy, the Bay Area Innovation Center will serve as the platform connecting key resources such as training, services, capital and institutions to realize this vision. Over the past 10 years, the Bay Area Council has published seminal reports explaining the components of how our innovation ecosystem works at a global scale, and worked to guide Chinese investors looking to enter or expand in the Bay Area and California marketplaces. To learn about the Economic Institute’s upcoming report on Chinese Innovation or to get involved with Council’s China Initiative, please contact Chief of Global Business Development Del Christensen.

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Bay Area Coalition Hails Assembly Passage of Traffic Busting Bill

A coalition representing many of the Bay Area’s largest employers and millions of workers and residents today hailed the state Assembly passage of legislation (SB 595—Beall) that promises major investments across the region to ease traffic congestion, fix nagging highway bottlenecks and dramatically expand mass transit services. The Keep the Bay Area Moving coalition, which is led by the Bay Area Council, Silicon Valley Leadership Group, California Alliance for Jobs and SPUR, has been working for over a year with Bay Area legislators and transportation planners to craft the bill and is now urging the state Senate to give its approval and Gov. Brown to sign it into law.

“The Bay Area has a once-in-a-generation opportunity to take a big whack at traffic congestion,” said Jim Wunderman, President and CEO of the Bay Area Council. “Worsening traffic is ruining our quality of life, damaging our environment and hurting our economy, but this bill gives Bay Area voters the chance to turn the tables on highway congestion and overcrowded transit. We are calling on the Senate to approve and Gov. Brown to sign SB 595 and give voters the chance to approve a visionary regional traffic relief plan.”

The bill, which authorizes a regional ballot measure in June 2018, outlines a bold, balanced plan that focuses on making big fixes to the Bay Area’s transportation system with the primary goals of reducing or eliminating some of the region’s worst highway backups, getting cars off congested roads and highways and creating a modern, seamless public transit network that addresses overcrowding and better connects cities and employment hubs.

“Working with key stakeholders allowed this coalition the opportunity to find balance and fairness within SB 595. A compromise between the entire Bay Area on how these funds are invested is integral to our success,” said Carl Guardino, President and CEO of the Silicon Valley Leadership Group and a Governor Brown appointee to the California Transportation Commission. “Our ability to work collaboratively towards a common goal – easing gridlock on our Bay Area roads in order to improve quality of life for our workers and their families spells success for everyone in the Bay Area. It is through this lens that we support Senate Bill 595 by Chairman Beall.”

The bill includes unprecedented levels of public oversight and accountability to guarantee that all investments are made according to the overall plan, known as Regional Measure 3 (RM3) following two previous measures that voters have approved over the past 30 years. Specifically, RM3 would establish an independent oversight committee to review all investments, including making regular reports to the state Legislature, and create a new Inspector General position to serve as a watchdog for investments on BART.

Among the centerpiece projects included in the RM3 plan are:

  • Increasing the BART fleet and completing an extension from the East Bay to Silicon Valley
  • Improving key highway interchanges in Contra Costa County at Interstate 680 and Highway 4 and in San Mateo County along Highway 101 to ease traffic bottlenecks
  • Extending Caltrain to connect with other regional mass transit systems in San Francisco
  • Expanding regional water transit service to meet skyrocketing demand
  • Accelerate planning for a second transbay rail crossing
  • Adding express lanes along major highway corridors to move cars faster, including the Highway 101 Novato Narrows connecting Marin and Sonoma counties
  • Improving transit access in the Tri-Valley and North Bay areas
  • Reducing truck traffic that clogs highways and pollutes the air

“RM3 will fund a set of transformative investments that will start to get our region’s transportation system working again,” said Gabriel Metcalf, President and CEO of SPUR.

Polling done in June 2017 shows strong voter support for Regional Measure 3. The survey by FM3 of nearly 9,500 voters found 56 percent support for RM3, exceeding the 50 percent threshold needed for passage.

“Not only will motorists see significant improvement in alleviating traffic bottlenecks and improving transit service for everyone throughout the nine Bay Area counties, they can rest assured that their money will be spent only on voter approved projects thanks to strict accountability, financial safeguards and citizen oversight. By implementing accountability measures, such as the creation of a new Inspector General position, SB595 will ensure that the financial commitment to voters is honored and projects are delivered in a timely manner.” said California Alliance for Jobs Executive Director Michael Quigley.

RM3 would raise up to $4.2 billion and would be paid for by a bridge toll increase of between $1 and $3. The final amount of any toll increase included in RM3 will be decided in the coming months by the Metropolitan Transportation Commission.