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At least seven low-income housing developments ... A 2018 study by the U.S. Government Accountability Office found that 14% of the price tag for California’s affordable housing projects was ...
The city’s initial November 2021 proposal committed to study allowing some low-income housing in single-family home areas near mass transit and in wealthier neighborhoods. The plan simply would ...
The chasm between the nation’s priciest housing markets and the most affordable regions has been growing wider. The typical home price in Silicon Valley eclipsed $2 million during the second ...
With the growth of Silicon Valley, the City of San Jose has been tasked by the California Department of Housing and Urban Development to build 23,775 units of low-income housing by 2031. Of those 23,775 units, 15,088 will be designated for extremely low-income and very low-income households.
The California Housing Finance Agency (CalHFA), established in 1975, is an independent California state agency within the California Department of Housing and Community Development that makes low-rate housing loans through the sale of taxable and tax exempt bonds. [2] [3]
The Costa–Hawkins Rental Housing Act ("Costa–Hawkins") is a California state law enacted in 1995, placing limits on municipal rent control ordinances. Costa–Hawkins preempts the field in two major ways. [ 1 ] First, it prohibits cities from establishing rent control over certain kinds of residential units, such as single-family dwellings ...
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