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The city's first ever affordable housing complex for previously homeless residents, Second Street Studios, opened in August 2019. [27] San Jose was one of few cities in America to have rent control laws, which were adopted by the city in 1979. [28] A statewide rent control bill was signed into law by governor Gavin Newsom in October 2019. [29]
A housing shortage has recurred and apparently reached the crisis stage. In a 2014 California treatise on real estate development, the authors opined that "[C]ommunities across California continue to confront the challenge posed by a scarcity of housing, particularly of affordable housing. In the last several decades, housing production in the ...
California housing costs are among the most unaffordable in the United States. In 2018, the median San Jose home cost 10 times the median household income; Los Angeles homes cost 9.5 times; San Francisco homes cost 8.9 times; San Diego homes cost 8.1 times. [12]
NLIHC was founded in 1974 by Cushing Dolbeare, a housing policy analyst and consultant. [3] [4] Initially named the Ad Hoc Low Income Housing Coalition and incorporated as the National Low Income Housing Coalition five years later, Dolbeare created the organization in response to Nixon's 1973 moratorium on federal housing subsidies.
Four in 10 middle-class renters pay 30% or more of their incomes toward housing each month, NBC News analysis of U.S. Census Bureau data shows. People 1 month ago
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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