Report: Los Angeles Has Become The Nation's Least Affordable Housing MarketLos Angeles has become the least affordable housing market — beating out New York City and even San Francisco — according to HousingWire.com.
‘The Course We Are On Is Unsustainable’; Apple Announces $2.5 Billion Investment In New HousingThe company laid out a five-point plan, including $1 billion for an affordable housing investment fund and $1 billion in mortgage assistance for first-time home buyers.
Clippers Owner Steve Ballmer To Invest $100M Into Inglewood CommunityThe Clippers are looking to open a new arena in Inglewood in 2024. Of that $100 million, $75 million will go towards affordable housing.
Gov. Newsom Touts Affordable Housing In CaliforniaGov. Gavin Newsom met with a group of Southland mayors Tuesday, stressing the need for cooperation between the state and local jurisdictions to address what he called the state's growing housing-affordability crisis.
Gov. Newsom Accuses Huntington Beach Of Blocking Affordable Housing Projects In Lawsuit"Some cities are refusing to do their part to address this crisis and willfully stand in violation of California law,” Gov. Gavin Newsom said a statement. “Those cities will be held to account.”
LA Exodus: These Are The Cities Angelenos Are Moving To Due To Soaring Housing PricesSome of the cities Los Angeles residents are moving to in search of affordable housing may surprise you.
Rent Control Backers Say They Expect To Qualify For BallotBackers of an initiative to allow more rent control in California say they have gathered enough signatures to make the November ballot and held a Monday rally to generate support for the measure.
LA City Council Approves Controversial Housing Development FeeDevelopers will have to pay a linkage fee for every square foot of new construction. The money raised will go towards affordable housing construction.
America's Homeless Population Rises For First Time In YearsThe nation's homeless population increased this year for the first time since 2010, driven by a surge in the number of people living on the streets in Los Angeles and other West Coast cities.
Rent Hikes Have Mariachis Fearing Displacement From Neighborhood Named After ThemMusicians Luis Valdivia and his brother Enrique have lived in their apartment a block from Mariachi Plaza for over 20 years. Now the changing neighborhood might leave them behind.
Brown Signs Bills Aimed At Fixing Housing CrunchThe package of legislation Brown will sign includes money to build more affordable housing and policies to speed up stalled construction.
Redondo Beach Halts Mixed-Use Development For A YearAmid a statewide housing shortage, it put a brake on projects that combine retail, office and housing.
California Lawmakers Send Affordable Housing Fix To GovernorCalifornia lawmakers sent Gov. Jerry Brown a package of bills Friday aimed at easing the state's affordable housing crisis.
LA Council Debates Controversial Fee To Spark Affordable Housing DevelopmentThe linkage fee of $5 or $12 per square foot would raise up to $100 million per year for affordable housing development.
Housing A Top Priority For California Lawmakers After Recess"We need to take up this housing package as soon as we can," said Assemblyman David Chiu, a San Francisco Democrat who chairs the Assembly's housing committee.