Homekey · BAHEC

Key numbers

Total state funding awarded (R1–R3)

$3.65 billion^[1]

Units created statewide

≈15,300^[1]

Bay Area units (R1–R3, approx.)

≈4,014^[2]

Median cost per unit

≈$247,000^[3]

Every article we found about this program, chronological. Included regardless of the outlet's editorial angle. No favorable/unfavorable scoring.

2024-11-19·CalMatters
Homekey hotels close as operating funds dry up ↗
Report on Bay Area Homekey sites facing shutdown risk due to no dedicated operating subsidy.
2024-04-03·Los Angeles Times
California audit slams Homekey oversight and unspent funds ↗
State auditor found HCD lacks a system to track long-term outcomes for Homekey properties.
2023-03-14·UCSF news
Homekey delivered permanent housing faster and cheaper than new construction ↗
Coverage of the UCSF BHHI evaluation showing Homekey produced units at roughly one-third the cost per unit of new affordable construction.
2022-05-11·San Francisco Chronicle
SF's Homekey hotels are finally opening. Here's what's inside ↗
Tour of newly-operational Homekey sites in San Francisco and the services offered.
2020-09-30·CalMatters
California's Homekey program buys first hotel for homeless housing ↗
Launch coverage of the first hotel purchase under Homekey.