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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]
The California Social Housing Act is a proposed California bill to establish an independent statewide housing authority, known as the California Housing Authority, to acquire land for, develop, own and maintain public housing. The bill is authored by Alex Lee and was first introduced to the 2021–2022 session of the California State Legislature.
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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. [10] California is the most expensive state to rent in, in the United States. [11]
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By summer 2023, developers had pitched building nearly 2,400 new apartments for low- and moderate-income residents in the San Fernando Valley, where little such housing exists compared with much ...
"If California had added 210,000 new housing units each year over the past three decades (as opposed to 120,000), [enough to keep California's housing prices no more than 80% higher than the median for the U.S. as a whole--the price differential which existed in 1980] population would be much greater than it is today.
Elk Grove agreed to pay the state $150,000 and to provide reports on affordable housing applications, following lawsuit settlement.
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