🏘️ Middle Income housing initiative: BIG recently hosted a virtual event to begin addressing decarbonization and middle income affordability of both existing and newly built homes. If you weren’t able to attend but are interested in the material, reply to this email and we can send you the recording and other resources.
🏗️ Small Developers and Builders initiative: This initiative now has two distinct work tracks that support one another – developing a Small Developer Network and creating a Small Developer Workshop. To better inform the development of these projects, BIG is hosting conversations with key stakeholders already doing great work in the small developer and workforce development space.
👥 Co-ops initiative: This group is learning that across California, housing co-ops are beginning to receive substantial financial support. For example, the San Francisco Community Land Trust received $20 million from Mackenzie Scott to support co-op development in the greater Bay Area. And the Community Ownership for Community Power Fund launched a $22 million initiative to drive community land trusts, housing cooperatives, and shared equity models in the state.
💧 Infrastructure initiative: Research from BIG’s partners Egon Terplan and Alex Schafran confirmed that infrastructure is a barrier to development, particularly for historically marginalized and divested communities. BIG, in partnership with Pre-Collective, used the research to craft a three-year Infrastructure Initiative work plan. This plan proposes to focus on federal water infrastructure funding and to develop a program for community leaders in California. The program would create more resources, increase capacity, and develop fundraising knowledge.
⚡ POWER initiative: Over the summer, the POWER group presented key elements to avoid unnecessary upsizing of electrical panels, which allow projects to be completed more quickly and at a lower cost. Our group’s presentation included guidelines on how to best use The National Electric Code 220.87. The Greenlining Institute found these key elements relevant to include in their set of recommendations to the California Energy Commission (CEC) for the Equitable Building Decarbonization program. BIG is thrilled to see that the CEC’s final guidelines for the Equitable Building Decarbonization program adopted the electrical panel recommendations!