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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.
Simi Valley is connected to the nearby San Fernando Valley by the Santa Susana Pass in the extreme east of Simi Valley. Simi Valley is located at 34°16'16" North, 118°44'22" West (34.271078, −118.739428) [ 45 ] with an elevation of 700–1,000 ft (210–300 m) above sea level.
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 ...
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The area was developed in the mid-1970s, during one of Simi Valley's housing development booms. The equestrian community is one of few areas within the city that is zoned for residents to keep horses on their property, [4] [5] The Bridle Path Homeowners Association (HOA) includes owners of the 630 homes within the original community.
New York City's 80/20 housing program was created in 1985 and has financed developments in New York that meet the parameters ever since. Compared to market rate units in the same area, the affordable units in 80/20 developments had a disproportionately high number of women, single parent households, households with multiple children and minorities.
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The Urban Institute reported that the number of units receiving a federal subsidy and available for the deeply poor to live in is cut in half in developments arising from the program. [15] The National Low Income Housing Coalition has said that no HOPE VI grants should be allotted without requirements for one-for-one unit replacement. [16]
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related to: city of simi valley affordable housing program