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A new Housing Act of 1961 extended the Farmers Home Administration housing loan assistance for the first time to nonfarm rural residents and providers of low-cost housing for domestic farm laborers. The Farmers Home Administration was therefore able to expand its rural housing loans from less than $70 million to nearly $500 million in 1965, or ...
[80] [81] [82] In the rental market, California now has the lowest vacancy rate the state has ever seen, at 3.6%; [83] and while the median rent throughout the state for a two-bedroom apartment is $2,400, the median rent in coastal urban areas is even higher, surpassing $4,000 per month in San Francisco. [84]: 1
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The northern end of the site would contain the largest residential building, a 430-foot-tall (130 m) tower with market-rate residences. There would also be 175 senior-housing units, 40,000 square feet (3,700 m 2) of retail, and 105,000 square feet (9,800 m 2) in the basement that could be used for big-box retail. The center of the site would ...
On January 24, 2004, Housing Bureau officer Richard Neri Jr., accidentally fatally shot Timothy Stansbury, a 19-year-old black man who was trespassing on the roof landing of a Bedford-Stuyvesant housing project. Stansbury was unarmed, but had apparently startled Neri by opening the roof door and suddenly encountering the officer.
After the 2007–2010 subprime mortgage crisis in the United States, Blackstone Group LP bought more than $5.5 billion worth of single-family homes to rent, and then be sold when the prices rise. [183] In 2014, Blackstone sold Northern California office buildings for $3.5 billion. [184]
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