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Finding Affordable Financing

(Shutterstock illustration)

Consider the Rubik’s Cube challenge of assembling money to pay for an affordable housing project.

…It’s not just Sacramento, of course. In San Joaquin County, rents have grown between 5 percent and 9 percent a year on average since 2014, and renters need to earn almost $26 an hour to afford the average two-bedroom apartment, according to data from the California Housing Partnership….