The coronavirus pandemic has created confusion, delays and uncertainty in housing projects around the Bay Area, despite a crushing need for new homes from an industry deemed essential to work through the regional lock-down.
In his State of the State address, Gov. Gavin Newsom called homelessness “the most pernicious crisis in our midst, the ultimate manifestation of poverty, screaming for our attention.” Newsom called for a clear, long-term plan with a framework of solutions, echoing the Legislative Analyst’s Office. In his first two budgets, the governor has proposed significant investments in affordable housing and homelessness. Meanwhile, the Legislature Read More
Since the mid-1980s, Foster’s Landing has included 74 rent-restricted apartments, including De Leon’s, amid hundreds of market-rate units at the complex. But those restrictions are set to begin expiring at the end of 2020 and the current owner, San Mateo-based Essex Property Trust, can legally raise prices to the market rate. Dozens of families could soon be forced out of their Read More
Affordable housing advocacy group Housing California and nonprofit California Housing Partnership have announced California’s Roadmap HOME 2030, an initiative to set the course to create “a California with homes for all.”
As rents continue to climb in Oakland, a housing nonprofit will renovate an aging complex in the city’s Chinatown neighborhood and reserve all 33 of the building’s apartments for low-income residents.
There’s a big problem with most affordable housing in Los Angeles: It eventually flips to market rate. In the next year, 3,260 income-restricted apartments in Los Angeles County may no longer be affordable. In addition, affordability restrictions will expire for nearly 8,000 more such apartments in the next five to 10 years, according to a new report from the California Housing Partnership.
As California grapples with an unprecedented homelessness crisis, there has been much discussion about helping those currently on the streets, with far less focus on how we can prevent homelessness in the first place. Yet prevention is clearly a key piece of the puzzle, particularly as the number of Californians slipping into homelessness each year continues to outpace local efforts to Read More
In California, the homelessness capital of the nation, affordable-housing developers have deluged the state with far more requests for tax-exempt bond money than the government can give, leaving some projects on hold. But a private-equity firm’s plan to build a passenger train to Las Vegas won’t have to wait.
CALIFORNIA — The amount of homeless people living in California increased 16.4% since 2018, according to the U.S. Dept. of Housing and Urban Development. The homeless population in California is 151,278 people in the last official count performed by HUD. That’s according to an article published by CalMatters, a nonpartisan, nonprofit journalism organization dedicated to covering California’s state Capitol.
While the state is setting a $1 increase in minimum wage in January, the city of Half Moon Bay is looking to expedite the process by raising it to $15 an hour as soon as next summer. Even with the latest increase, the statewide minimum wage wouldn’t reach the city’s proposed rate for all employers until 2023.