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Santa Cruz leaders say downtown high-rises would ease housing costs. Activists call the plan 'out of character' for the laid-back beach town and are fighting new construction.
Assemblyman David A. Alvarez, D-San Diego, right, talks with Eduardo Garcia, D-Coachella during session in 2023. Alvarez is working to make affordable housing more accessible in California’s ...
The 2018 median home price in Silicon Valley was $1.18 million, a 21% increase from 2017. [3] Almost 90% of low income renters in the San Jose-Sunnyvale-Santa Clara metro area were cost burdened in 2017, meaning they spent more than 30% of their income on housing. [4] Over a third of mid-income renters were cost burdened as well.
This statement remains true with 2017 data that shows that Santa Cruz is the least affordable county for renters. [63] In Santa Cruz County, 60% of residents rent and a median monthly rent is $3000. UCSC's No Place Like Home Project reports that in Santa Cruz County, 2.5 minimum wage jobs would be needed to afford renting a 2 bedroom apartment.
Costa–Hawkins Rental Housing Act. The Costa–Hawkins Rental Housing Act ("Costa–Hawkins") is a California state law, enacted in 1995, which places limits on municipal rent control ordinances. Costa–Hawkins preempts the field in two major ways. [1] First, it prohibits cities from establishing rent control over certain kinds of residential ...
One of the seven projects at issue, a rehabilitation of an 84-unit public housing complex in San Francisco’s Hayes Valley neighborhood, will offer two-, three- and four-bedroom apartments for ...
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The report's key figure, the "Housing Wage," reveals the hourly earnings necessary for full-time workers to afford fair market rental homes without exceeding 30% of their incomes. Nationally, the 2023 Housing Wage is $28.58 per hour for a modest two-bedroom home and $23.67 per hour for a one-bedroom home.
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related to: affordable housing now santa cruz craigslistuslowcosthousing.com has been visited by 100K+ users in the past month
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