The city of San Diego is behind the pace of home-building it needs to keep in order to hit a state-imposed housing target of 108,036 new homes by 2029. The city issued only 5,033 building permits for homes last year, falling short of the 13,505 permits the city needs to issue each year in order to stay aligned with its goal. Because of this shortcoming, the city will now need to triple the number of housing permits it issues in each of the next seven years in order to meet the state target outlined by the Regional Housing Needs Assessment. While this is not a surprising development, it underscores the need for policy solutions that enable more homebuilding for the workforce.
City of San Diego Housing Goals
July 27, 2022