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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.
California Senate Bill 35 (2017) An act to amend Sections 65400 and 65582.1 of, and to add and repeal Section 65913.4 of, the Government Code, relating to housing. California Senate Bill 35 ( SB 35) is a statute streamlining housing construction in California counties and cities that fail to build enough housing to meet state mandated housing ...
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 ...
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 ...
The median rent in San Jose clocks in at a dizzying $3,064, according to Zillow. ... Trending Now: Housing Market 2024: 50 Most Affordable Cities for Homebuyers. benedek / Getty Images/iStockphoto ...
To find a HUD-approved housing counseling service near you: Search online using this HUD database. Call HUD’s interactive voice system at 800-569-4287. Staff who answer the main phone will be ...
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