Terner Center Blog: No Limits (UC Berkeley)

The Cost of Fragmentation: A Comparison of State Affordable Housing Finance Governance Systems

The Terner Center released a new series of resources that examine how U.S. states govern affordable‑housing finance, highlighting the costly fragmentation of multiple agencies and programs. An interactive map and a landscape scan of all 50 states reveal which entities administer key subsidies and where overlaps cause delays. Case studies from six states showcase governance models that streamline funding and cut costs. A California‑focused report draws lessons for the state’s $40 billion housing effort as it consolidates functions under a new agency.