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Generations of Americans have been lured west by the dream of California living -- but living in California isn't cheap. Notorious for high housing costs, high taxes and a high cost of living, the...
More than half a dozen affordable housing projects in California are costing more than $1 million per apartment to build, a record-breaking sum that makes it harder to house the growing numbers of ...
The Affordable Housing and High Road Jobs Act of 2022 (AB 2011) is a California statute which allows for a CEQA-exempt, ministerial, by-right approval for affordable housing on commercially zoned lands, and also allows such approvals for mixed-income housing along commercial corridors, provided that such housing projects satisfy specific criteria of affordability, labor, and environment and ...
[30]: 1 [24]: 1 [31]: 1 (For California as a whole, from 2011 to 2016, the state added only one new housing unit for every five new residents.) [15]: 1 This has driven home prices and rents to high levels, such that by 2017, the median price of a home across California was more than 2.5 times the median in the U.S. as a whole, and in California ...
In 2021, the California Housing Partnership concluded that the state needs to build 1.2 million affordable homes to meet the needs of low-income renters. The state has made progress since then ...
The San Diego Housing Commission currently owns 2,221 affordable housing units and plans to expand that number in the future to meet the growing demand. [55] In 2009, the San Diego Housing Commission implemented a finance plan that created 810 more units of affordable rental housing through leveraging the equity of its owned properties.