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The Housing and Community Development Act of 1974 signed by President Gerald Ford later amended the Housing Act of 1937 and created Section 8 housing, now known as the Housing Choice Voucher program. The California Department of Housing and Community Development (HCD) Housing Assistance Program (HAP) acts as the local housing authority for 12 ...
The California Legislative Analyst's Office 2015 report "California's High Housing Costs – Causes and Consequences" estimates that for the state to have kept housing prices no more than 80% higher than the median for the U.S. as a whole (the price differential which existed in 1980, as opposed to the >150% differential which exists today ...
Permanent, federally funded housing came into being in the United States as a part of Franklin Roosevelt's New Deal. Title II, Section 202 of the National Industrial Recovery Act, passed June 16, 1933, directed the Public Works Administration (PWA) to develop a program for the "construction, reconstruction, alteration, or repair under public regulation or control of low-cost housing and slum ...
One of the seven projects at issue, a rehabilitation of an 84-unit public housing complex in San Francisco’s Hayes Valley neighborhood, will offer two-, three- and four-bedroom apartments for ...
It is another big milestone in the Bay Area housing market: The median price of a single-family home in Santa Clara County hit $2 million for the first time. So what is driving the surge? Realtors ...
In early 2010, the unemployment rate in the county hovered about 12 percent on the average, [2] and the under-employment rate was about 20 percent. [3] Out of a population of just less than 1.9 million in Santa Clara County, more than 440,000 people live in households that do not earn enough to cover the basic needs of life in Silicon Valley, defined by food, shelter, clothing, transportation ...
Half of those units, or 1,201, will be designated as below-market rate housing for low and very low-income residents. [9] The project was approved on September 21, 2018 for streamlining under SB 35. In October 2018 the City Council approved, and residents then filed a referendum on, another Vallco project by the same developer—the 2018 Vallco ...
Now brands are helping those displaced by the devastating wildfires in Southern California, which have already destroyed almost 2,000 buildings and forced 130,000 people to evacuate.