Ensure Construction Opportunities for Minority Contractors
While the severe lack of affordable and accessible housing has hurt Californians across the board, communities of color have been the most impacted. Black and Latino households are rent burdened at much higher rates than white households, and own their homes at more than 20% lower rates than Whites. In many cases, the systemic racial inequities that have contributed to these trends– including historic housing and banking discrimination, and pay inequality–have also prevented diverse business owners from being able to secure construction, design, engineering and other contracts to build affordable housing. Even as California deploys an unprecedented amount of money into housing development to