Posts filtered by tags: Affordable Housing[x]


Gov. Newsom rolls out $12 billion plan to fight homelessness

Gov. Gavin Newsom on Tuesday announced a historic plan to into housing and services for homeless Californians, taking advantage of a major budget surplus to address one of the state’s most pressing — and most difficult — issues. The two-year strategy, part of Newsom’s $100 billion economic recovery plan, would get tens of thousands of people off the streets, the governor said. It builds on new efforts launched to shelter and house people during the COVID-19 pandemic, while also focusing on fam...
Tags: Business, Real Estate, Politics, News, California, Housing, California News, Sport, Economy, Homelessness, Soccer, San Diego, Housing Crisis, Gavin Newsom, Affordable Housing, LA County

In pandemic, housing authority letters omit key tenant protection info

By Amy Martyn | CalMatters Public housing authorities in California, especially Los Angeles, have left critical coronavirus relief information out of letters sent to tenants. Advocates say the lack of information could lead to tenants evicting themselves when they don’t have to. Not long after Gladys Garcia obtained a restraining order against her husband last August, letters arrived in her mailbox saying that her ex owed thousands of dollars in unpaid rent and faced possible eviction. The lette...
Tags: Business, News, Congress, California, Housing, La, Los Angeles, Sport, Soccer, Hud, Rent, Vega, Affordable Housing, Garcia, Housing Authority, LA County

LA Councilwoman Nithya Raman seeks to strengthen tenant harassment ordinance

LOS ANGELES — Los Angeles Councilwoman Nithya Raman proposed a set of amendments Tuesday to the draft Tenant Anti-Harassment Ordinance, which the City Council Housing Committee is scheduled to discuss on Wednesday. “Tenant harassment is a pernicious problem that contributes to gentrification, displacement, and homelessness in Los Angeles, and this law represents an important step in the right direction,” Raman said. “The amendments I am offering are to ensure that the law reflects the many forms...
Tags: Politics, News, Housing, La, Los Angeles, Sport, Soccer, City Council, Local News, Los Angeles City Council, Southern California, Affordable Housing, Raman, Jose Huizar, Tejon Ranch, Top Stories LADN

How to get rental assistance in Southern California

Here’s a list of local governments, their total rental assistance allocation, and where residents in those jurisdictions can apply. Most residents in Orange, Riverside and San Bernardino counties as well as all residents in Santa Ana, Riverside, San Bernardino, Moreno Valley and Santa Clarita must apply to their local governments for assistance. In addition, they also can apply through the state portal at Los Angeles County: Allocation: $353.9 million. Where to apply: HousingIs...
Tags: Business, Real Estate, News, California, Housing, Sport, Soccer, Rent, Orange County, Riverside County, Southern California, Affordable Housing, San Bernardino, Moreno Valley, Anaheim, Santa Clarita

Rental assistance is on the way. Will it be enough?

More than a year after the pandemic idled millions of workers and slashed household incomes, help at long last is coming to low-income Californians facing a mountain of back rent. The solution until now has been to freeze evictions. That kept millions of stressed renters in their homes, but it didn’t free them from paying all that rent down the road. Now, some may be getting their rent debt wiped off the books. California is getting $2.6 billion from the December stimulus package to help tenants...
Tags: Facebook, Mark Zuckerberg, Business, Real Estate, News, California, Housing, California News, Los Angeles, Sport, Soccer, Rent, Usc, Ucla, Nagano, Affordable Housing

HUD sends $690M to states for affordable housing

The Housing Trust Fund is funded by a fee on Fannie Mae and Freddie Mac and devoted to affordable housing for low- and extremely low-income households.
Tags: Homeownership, Regulations, Radio, Hud, Mortgage Rates, Affordable Housing, Freddie Mac, Fannie Mae, Select, Refinancing, U.S. Department of Housing and Urban Development, Housing Trust Fund

Commission, appraisals, inventory: 11 challenges agents face today

Last year was a trying one, but it taught us to stretch ourselves, our business brains and our mindsets. It also forced us to adapt in an ever-evolvig landscape. Here are the top challenges agents face on the daily.
Tags: Opinion, Interest Rates, Leads, Service, Challenges, Radio, Teams, Agent, Zillow, Connection, Rates, Affordable Housing, Inventory, Professionalism, Select, Realty One

LA County Board approves $10 million, looks to lease buildings for homeless

LOS ANGELES — Los Angeles County is hoping to encourage landlords to lease entire apartment buildings to homeless individuals holding rental subsidies, with the Board of Supervisors Tuesday, March 23, committing $10 million in incentives over five years. As the Los Angeles Homeless Services Authority sought to rapidly house thousands of homeless individuals most vulnerable to COVID-19, the county and city of Los Angeles stepped up to fund 5,500 rental subsidies, among other strategies. But a sho...
Tags: News, La, Los Angeles, Sport, Soccer, Homeless, Affordable Housing, Los Angeles County, Wilmington, Board of Supervisors, LA County, Echo Park Lake, Sheila Kuehl, Los Angeles Homeless Services Authority, Lahsa, Top Stories LADN

Opposition looms for SB 9, other bills proposed to boost affordable housing

California housing is crowded, expensive and difficult to find, but if a package of bills proposed by prominent Senate Democrats becomes law, some cities could look very different a decade from now. Duplexes and small apartment buildings would spring up from single-family lots. Public housing projects, effectively stifled since the 1950s, would dot the landscape of the state’s larger cities. Housing developments would emerge in the carcasses of vacant strip malls and abandoned big-box stores. Wh...
Tags: Business, News, California, Housing, Senate, US, Sacramento, Los Angeles, San Francisco, Sport, Soccer, San Diego, Atkins, Npr, Bill, City Council

LA Council seeking rent freeze on apartments with expiring affordability covenants

LOS ANGELES — The Los Angeles City Council voted unanimously Wednesday to explore enacting a rent freeze on residential units with expired or soon-to-expire affordability covenants like the one at Hillside Villa Apartments, which the city is hoping to purchase to prevent significant rent increases. “The city is at risk of losing thousands of affordability housing units through the impending expiration of regulatory rent covenants. Regulatory covenants are recorded on a property to ensure the lon...
Tags: Business, Politics, News, California, Housing, La, Senate, Los Angeles, Sport, Soccer, Biden, Local News, Los Angeles City Council, Southern California, Affordable Housing, Richard Llewellyn

Frontline workers are at greatest risk of housing shortage

A new study from the Urban Land Institute shows that middle-income households of frontline workers are being impacted most significantly by exacerbated housing shortages as a result of the pandemic.
Tags: Housing, Los Angeles, Data, Analysis, Radio, Stockton, Portland, San Diego, Las Vegas, Birmingham, Housing Crisis, Seattle, Cleveland, St. Louis, Denver, Affordability

COVID rent relief program opens. Here’s how it works

After months of lingering unemployment and missed rent payments, federal relief is on the way for struggling landlords and tenants. A complex hybrid of state and local programs designed to distribute $2.6 billion in federal aid to ailing California landlords and low-income renters begAn accepting applications Monday. The program is kicking into gear as fallout from government-mandated business closings continues to hit the state, with low-income workers suffering the heaviest job losses. Even wi...
Tags: Business, Real Estate, Politics, News, Congress, California, Housing, US, California News, San Francisco, Sport, Joe Biden, Soccer, Rent, San Jose, Housing Crisis

Homeless and humbled by grief, he found a home to last via pilot housing program

Chris Gray and his wife, Deborah, and the dog they’d adopted from a homeless friend, had criss-crossed Los Angeles County many times before they pulled up to the apartment building, praying that a program called LeaseUp had secured them a home to last. Gray lost his job at a carbon factory in 2015, and his apartment in Long Beach a year later. Since then, they’ve slept in their car, tried unsuccessfully to make a life in Lancaster and stayed in motels here and there, though that drained their me...
Tags: Health, Real Estate, Hope, News, California, Housing, La, Government, Los Angeles, Sport, Soccer, Long Beach, Community, Homeless, Gray, San Pedro

Senate confirms Rep. Fudge to be Biden’s housing chief

By Mary Clare Jalonick and Matthew Daly | Associated Press WASHINGTON — The Senate has confirmed Marcia Fudge to head the Department of Housing and Urban Development, placing the longtime Ohio lawmaker in charge of the agency just as Congress is poised to pass new benefits for renters and homeowners who have suffered economic losses amid the coronavirus pandemic. Fudge, who has represented parts of Cleveland and Akron in the House since 2008, is a former mayor and a longtime advocate for assist...
Tags: Business, Politics, News, Supreme Court, Obama, Congress, Housing, Washington, Senate, Sport, Joe Biden, Soccer, Pennsylvania, Gop, House, Mitch McConnell

Los Angeles-Orange County homeownership ranks nation’s worst, again

Los Angeles and Orange counties last year had the nation’s lowest homeownership rate for the third time in a row while the Inland Empire hit an 11-year high. Census stats, highlighting long-running home affordability challenges, show 48.5% of L.A.-O.C. households living in residences they owned. That was the lowest rate among 75 big metropolitan areas tracked. The top metro was Florida’s Cape Coral-Fort Myers at 77.4%. Despite historically low mortgage rates making homebuying popular in the pand...
Tags: Business, Florida, Real Estate, News, California, Housing, Los Angeles, West Virginia, Sport, Best, Soccer, Hawaii, District Of Columbia, Orange County, Orange, Riverside County

Terner Housing Innovation Lab Launches Nationwide Search for Early-Stage Housing Affordability Innovators

Housing Lab is kicking off its second group of ventures to elevate creative solutions to the housing crisis and promote an equitable recovery from COVID-19. They are looking for solutions that address racial and economic inequities in the housing market Housing Lab offers: A $100,000 grant to invest in product development and growth 6 months of advising from dedicated coaches who are experts in policy and regulatory strategy, along with access to coaching around business development, financial ...
Tags: Startups, Radio, Affordable Housing, Real Estate Accelerator, Terner Center for Housing Innovation, Entrepreneurs and Tech, Terner Center, COVID, The Housing Lab, Housing Lab

Jawdat Abulhaj Explores the Ways in Which Developers are Encouraged to Build Low-Income Housing

Today’s economic challenges have led to a situation where more affordable housing is needed. Many people have found themselves unable to afford their rent or mortgage, and while there are… Read more » The post Jawdat Abulhaj Explores the Ways in Which Developers are Encouraged to Build Low-Income Housing appeared first on
Tags: Business, News, Housing, Affordable Housing, Jawdat Abulhaj

City of LA looks into buying enough buildings to preserve 10,000 units of affordable housing

LOS ANGELES — The Los Angeles City Council voted Tuesday to have the city take steps to expand its program of purchasing affordable housing buildings to prevent rent increases and keep low-income individuals and families housed throughout the city. The motion passed with 14 yes votes and one council member absent. “By purchasing naturally affordable housing, the city can remove units from the speculative market, help insulate tenants from price increases and create housing for low-income familie...
Tags: Business, News, Housing, La, Los Angeles, Sport, Soccer, Lausd, City Council, Local News, Council, Los Angeles City Council, Chinatown, Affordable Housing, Pat Russell, Buscaino

Inland Empire the nation’s ‘poster child’ for rent hikes, researcher says

Renters are seeing low vacancy rates, soaring rents and long waiting lists in the Inland Empire, where tenants can get more space for less, demand is through the roof and empty apartments “rent immediately,” property managers and housing experts say. To the west, however, they see rising vacancies, falling rents and first-month-free move-in specials. “Maybe you’re starting to see people say, ‘I don’t need to be in Los Angeles,’ ” real estate broker and property manager Lance Martin said. “The ho...
Tags: Business, Real Estate, News, California, Housing, New York City, Los Angeles, Sport, Soccer, Rent, Orange County, Orange, Riverside County, Monique, Southern California, Ontario

Tech for Change

From 3D-printed prostheses to burgers grown in science labs to smarter mobility for the elderly or infirm (or just helping us get more sleep at night), tech improves our lives every day in a million ways beyond simply making things more convenient. Tech can have a meaningful impact — that’s why we call it Tech […]
Tags: Health, Climate Change, Cancer, Environment, Charity, Trends, Renewable Energy, Green, Diabetes, Air Pollution, Conservation, Digital Divide, Alzheimer's Disease, Stem Cells, Archaeology, Recycling

Mighty Buildings nabs $40M Series B to 3D print your next house

Once upon a time, the idea of 3D-printed homes felt like a thing of the future. But as housing gets less and less affordable — especially in ultra-expensive markets such as the Bay Area — companies are getting creative in their quest to build more affordable homes using technology. One of those companies, Oakland-based Mighty Buildings, just raised $40 million in Series B funding for its quest to create homes that it says are “beautiful, sustainable and affordable” using 3D printing, roboti...
Tags: Startups, TC, Y Combinator, California, Tech, 3d Printing, Oakland, Khosla, Khosla Ventures, Emerging-technologies, Bay Area, Affordable Housing, Bold Capital Partners, Zeno Ventures, MicroVentures, Core Innovation Capital

LA will have 7,961 new housing units for homeless by 2024, officials say

LOS ANGELES — Los Angeles officials told the City Council Wednesday that they’re making good progress on three homelessness initiatives: A Bridge Home, Proposition HHH and the COVID-19 Homelessness Roadmap. Ann Sewill, general manager of the Housing and Community Investment Department, briefed the council on the status of Proposition HHH, which was approved by voters in November 2016 and was designed to increase supportive housing production from 300 units a year to 1,000 every year for 10 years...
Tags: Politics, News, Housing, La, California News, Los Angeles, Sport, Homelessness, Soccer, Homeless, City Council, Local News, Los Angeles City Council, Affordable Housing, Chavez, San Fernando Valley

Ground broken for Proposition HHH-funded housing for homeless in Sylmar

Mayor Eric Garcetti and Councilwoman Monica Rodriguez on Tuesday, Feb. 2, marked the groundbreaking of a Proposition HHH-funded project that will provide 56 permanent supportive housing units in Sylmar to formerly homeless Angelenos. The Silva Crossing Apartments, located at 12667 San Fernando Road, are expected to be ready for occupancy in July 2022, Garcetti said. Meta Housing Corporation hosted a groundbreaking Tuesday for the Silva Crossing housing project in Sylmar. The Proposition HHH-fu...
Tags: News, Housing, La, Government, Los Angeles, Sport, Soccer, Community, Homeless, Eric Garcetti, Affordable Housing, Rodriguez, San Fernando Valley, Garcetti, Van Nuys, Harry Pregerson

Report card: How we graded every city, county in California on meeting RHNA housing permit goals

Every city and county in California is required to plan for adequate housing across income levels. But how many actually issue enough permits to meet their state-mandated construction goals? For the second year, the Southern California News Group has created a report card to show how every jurisdiction in the state is doing. Report card: California cities, counties failing again on affordable housing goals Making the grade Through a process called the Regional Housing Needs Assessment, or RH...
Tags: Business, News, California, Housing, Sacramento, Los Angeles, San Francisco, Sport, Soccer, San Diego, Westminster, Orange, Sonoma, San Marino, Southern California, Affordable Housing

Report card: California cities, counties failing again on affordable housing goals

Only 3% of California’s cities and counties are fully on track to meet state goals to build sufficient housing — and 30% are failing to issue any permits at all for affordable housing, an analysis of state data shows. The Southern California News Group used that data to create its second annual housing permit report card for all 539 cities and counties in the state. Only 33 were doing well enough to earn an A, while 96 got an F. The average grade was a C-minus. There was some improvement from th...
Tags: Business, News, California, Housing, California News, San Francisco, Sport, Soccer, Beverly Hills, Westminster, City Council, Pasadena, San Marino, Gavin Newsom, Southern California, Affordable Housing

VC investment in proptech can yield profits and change lives

D. Hara Perkins Contributor Share on Twitter D. Hara Perkins is a partner at Goulston & Storrs, PC in New York City, where she focuses her practice on affordable housing and economic development. Alexander Shermansong Contributor Share on Twitter Alexander Shermansong is CEO of Civic Consulting USA and an adjunct assistant professor of public servic...
Tags: Column, Real Estate, New York, Opinion, New York City, Tech, Digital Divide, Venture Capital, Columbia University, Food Delivery, Affordable Housing, LA Metro, PROPtech, Healthify, Urbantech NYC, COVID-19

Sales start Saturday for 20 moderate-income condos in Brea

Twenty new homes go on sale Saturday, Jan. 30, in Brea with prices ranging from $320,000 to $500,000. But sale of these 20 “flats” will be limited to buyers meeting moderate-income limits under the city’s affordable housing program, a news release by builder Trumark Homes said. That income limit was $98,900 a year for a two-person household last year and $123,600 for a family of four, according to the city’s website. The “Flats at West Village” are part of Trumark’s West Village townhome develop...
Tags: Business, Real Estate, California, Housing, Uncategorized, Los Angeles, Sport, Soccer, Central Park, Affordable Housing, West Village, Los Angeles County, Brea, Top Stories LADN, Top Stories OCR, Top Stories PE

Beyond the headlines: How will pandemic-driven demand impact sales?

Looking for a little clarity on the news? Windermere Chief Economist Matthew Gardner dives into January's housing data releases and predicts how the market will fare.
Tags: Video, Housing, Opinion, Housing Market, Data, Analysis, Radio, Columns, Affordable Housing, Windermere Real Estate, Markets & Economy, Select, Matthew Gardner, COVID-19, President-elect Joe Biden

Councilman Kevin De Leon calls for 25,000 units for LA’s homeless by 2025

Los Angeles City Councilman Kevin De Leon unveiled a plan on Tuesday, Jan. 12, aimed at creating 25,000 dwelling units by 2025 for people experiencing homelessness, saying that local officials need to follow a “North Star” when addressing the city’s housing  crisis. De Leon, who first took office last October, said the current pace of housing people experiencing homelessness has not met the needs of the “crisis that’s unfolding on our city streets every single day.” “It’s not acceptable,” he sai...
Tags: Health, Business, News, Education, Housing, La, Government, Los Angeles, Sport, Soccer, Community, Homeless, City Council, Eric Garcetti, City Hall, Affordable Housing

Are robot-made ‘printed’ buildings a solution to California’s housing crisis?

In a cavernous warehouse near the Oakland Coliseum, a 3D printer extrudes a secret blend of minerals and plastic polymer that’s hardened into a heavy stone-like form under ultraviolet light. The end result of that alchemy? A move-in-ready, robot-made modular home from technology startup Mighty Buildings. Backed by $30 million in venture capital, Mighty Buildings is following a classic California startup recipe: use technology to address a big problem and — it hopes — disrupt an existing industry...
Tags: Business, Real Estate, Texas, Technology, Jobs, News, California, Housing, Environment, California News, Sport, Things To Do, Soccer, Housing Crisis, Santa Clara, UC Berkeley