Sacramento, CA. — As activists barnstorm California’s Capital this week, advocating for solutions to the state’s housing crisis, Assemblymember Buffy Wicks’ (D – Oakland) proposal collect statewide data on rental trends heads into committee with strong support from tenants rights groups. Assembly Bill 724, will establish California’s first state-wide rental registry to track rent levels and evictions.
Fresno experienced one of the highest rates of year-over-year increases in apartment rents among California’s 10 largest cities between March 2018 and March 2019, according to a recent analysis of rents nationwide.
Most Los Angeles renters are probably all too aware of the city’s high housing costs, but a new report from the Federal Home Loan Mortgage Corporation breaks down how the Los Angeles area compares to other regions in terms of housing affordability.
For the last three decades, Hillside Villa, a pale green, stucco-coated building on Hill Place has been, for several hundred residents of Chinatown, a consistently affordable place to live.
Thousands of Central Valley residents live under a constant threat and wonder, “How much longer can I afford to stay in my home?”
Despite recent laws and new funding to boost housing construction, California still needs 1.4 million more affordable rental units, according to a report out Thursday. Of more than 2 million very low-income renter households in California, roughly two-thirds are severely cost burdened, meaning they spend more than half their income on rent, according to a report by the California Housing Partnership.
It’s no secret that there is an affordable housing crisis in Los Angeles, and it doesn’t appear to be getting any better. To help paint the picture, let’s explore a few key statistics regarding the state of the city’s housing needs.
LOS Angeles’ downtown was little more than a sleepy office district not too long ago, where tens of thousands of suburbanites would clear out by the end of the workday and scores of classic beaux-arts and art deco buildings would sit vacant or underutilised.
California’s investor-owned utilities are preparing to spend up to $100 million this year bringing solar to low income buildings, with an expected launch of the Solar on Multifamily Affordable Housing (SOMAH) program this spring or summer, says Somah Program Administrator Chris Walker.
To meet its aggressive goals for fighting climate change, California wants to wean millions of homes and businesses in the state off natural gas.