Folsom reviews mid‑cycle housing element progress, funding as lower‑income targets lag

Stephanie Henry, senior planner in the Community Development Department, told the Folsom City Council on Aug. 26 that the city has been tracking its progress halfway through the eight‑year housing element cycle and is prioritizing funding and program work for the second half of the cycle. "As of fiscal year end June 2025, the city's total, housing fund for projects was approximately $23,000,000," Henry said.

Henry reviewed Folsom’s Regional Housing Needs Allocation (RHNA) performance through 2024 and said the city has done well in the moderate and above‑moderate income categories but is behind on lower‑income segments. "We still have some movement in the lower RHNA allocations. But, there's still a significant shortfall as far as trying to meet that target," she said. She said two new affordable housing developments are expected to deliver 187 lower‑income units but noted the "very high lower income RHNA targets pose a significant challenge."

The presentation outlined completed and ongoing housing element programs. Henry said Program H2 expanded residential capacity by more than 6,000…