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Zillow’s Observed Rent Index estimates the average apartment rent in the Fresno metro market at $1,591 per month – more than $500 more than January 2020. ... that rent prices across California ...
“The most effective form of rent control is that 30-year mortgage,” Councilmember Miguel Arias told The Bee. ... is an affordable housing apartment building in Fresno’s Chinatown area ...
The federal government, through its Low-Income Housing Tax Credit program (which in 2012 paid for construction of 90% of all subsidized rental housing in the US), spends $6 billion per year to finance 50,000 low-income rental units annually, with median costs per unit for new construction (2011–2015) ranging from $126,000 in Texas to $326,000 ...
The One Fresno Housing Plan’s goal to make only 25% of the new “affordable” housing — or less than 1,500 units — attainable for our city’s very-low-income residents does not go far ...
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The definition of affordable housing may change depending on the country and context. For example, in Australia, the National Affordable Housing Summit Group developed their definition of affordable housing as housing that is "...reasonably adequate in standard and location for lower or middle income households and does not cost so much that a household is unlikely to be able to meet other ...
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