With renters struggling, California still needs 1.4 million affordable units, report finds

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.