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Capitol Alert: California Spending Benefits Homeowners More Than Renters, Study Says

California is producing only a fraction of the affordable housing it needs, and the state spends far more money to support homeowners than it does to help renters, according to new data from the California Housing Partnership. The Partnership on Wednesday released an Affordable Housing Needs Report showing that California’s leaves few affordable options for tenants, who have seen the state’s median rent increase by nearly 40% since 2000.

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