Assembly Democrats hoping to alleviate California’s affordable housing crunch are asking Gov. Jerry Brown to sign off on more than a $1.3 billion boost.
Multiple metropolitan areas in California consistently rank among the nation’s priciest for real estate, and many cities are struggling to serve large homeless populations. A loss of redevelopment money and the drying up of housing bond money have exacerbated the problem, policymakers say.
“People literally cannot afford to live where they work, and some folks can’t afford to live in any community at all,” said Assemblyman Tony Thurmond, D-Richmond, pegging the need at about 150,000 new units a year.View Article