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Sep. 20—Bakersfield's housing crisis, a microcosm of the crisis happening across much of California, has had city leaders working toward solutions for years. At a special meeting of the Budget ...
Housing subsidies are government funded financial assistance programs designed to mitigate the costs of housing for low-income tenants. Subsidies can be provided in the form of housing vouchers given to tenants, e.g. Section 8 (Housing), or via direct deposits to landlords with government contracts to provide affordable housing.
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Issi Romem, an economist at the Terner Center for Housing Innovation at the University of California, Berkeley said: "...as long as abundant new housing was built to accommodate those drawn to California, housing price growth was limited and the state's allure was channeled into population growth: From 1940 to 1970 California's population grew 242 percent faster than the national pace, while ...
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LA's Emergency Renters Assistance Program has been amended to supply 100% of tenants' unpaid rent for April 1, 2020, through March 31, 2021 (up from 80% for people whose landlord agreed to waive ...
Later, additional districts were added to East Bakersfield and the Southeast. [3] In 1984, a third focus was added to the department. The city created the Bakersfield Historical Preservation Commission. Traditionally, historical identification and preservation fell to private organizations (such as the Kern County Historical Society).
The frozen housing market shows few signs of thawing as 2025 begins. New year, same old real estate market: The high mortgage rates, scarce inventory and dismal affordability that have plagued ...
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