‘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.
Facebook Announces $1B Investment To Address California's Affordable Housing CrisisThe investment will be used to "help essential workers such as teachers, nurses and first responders live closer to the communities that rely on them," according to a news release.
Analysis: New Los Angeles-Area Teachers Spending 85 Percent Of Income On RentAn analysis from Zillow found that entry-level teachers in the Los Angeles metropolitan area are spending more than 85 percent of their income on the typical rent, compared with 52 percent for mid-level teachers and just short of 40 percent for the highest-paid teachers.
Sky-High LA Rents Give Rise To Co-Living CommunitiesThey look even more sparse than college dorm rooms – living quarters that give each renter a pod, or bunk bed complete with TV and space to store some luggage. But bathrooms, kitchens and living areas – all of that is shared, for a monthly rent of $1,000.
South Gate Residents Protest Downey Homeless Project Close To Their NeighborhoodSouth Gate residents were protesting in Downey on Saturday over plans for a veterans housing project on Los Angeles County property.
Senior Citizens In Chinatown Unsure Of Housing Fate As Rent Hike LoomsMeta Housing and Western Seniors Housing, the owner and manager of The Metro senior lofts in Chinatown, respectively, want to increase tenants' rents by 8 percent, an additional cost residents say they cannot afford.
Families Earning $117K Now Qualify As 'Low Income' In The Bay AreaThousands of well-paid tech workers have driven up the median price of a San Francisco house to $1.6 million dollars, the highest in the country.
Local Mayor Paying $700 A Month For 4-Bed, 3-Bath With $450,000 Worth Of City-Paid RenovationsThe San Gabriel Valley Tribune reported City of Industry Mayor Mark Radecki pays just $700 a month for the luxury, 5,500-square-foot, four-bedroom apartment that has just undergone $450,000 in renovations.
Seattle Gives In To Amazon, Votes To Repeal 3-Week-Old 'Head Tax' To Fight HomelessnessThe so-called "head tax" was repealed on a 7-2 vote from the council Tuesday, reversing the unanimous vote to pass it on May 14.
More People Fleeing Pricey San Francisco Than Any Other US CityAccording to a report by Redfin, the skyrocketing cost of living has more people leaving San Francisco than any other city in the United States, followed by New York and Los Angeles.
With Days To 'Clear Out,' OC Supervisors Address Temporary Housing For HomelessThe county has been handing out vouchers for the homeless to stay at motels but what happens next?
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.
LA Airbnb Hosts Air Concerns About Potential RestrictionsSouthland Airbnb hosts are voicing their concerns about potential new short-term rental regulations being considered by the Los Angeles City Council.
$2B Bond Proposed To Construct 10,000 Housing Units For HomelessCalifornia state senators are proposing to spend more than $2 billion on permanent housing to help the nation's largest homeless population.
Mayor Eric Garcetti Joins 2-Day Summit On Homelessness, Housing, Climate ChangeMayor Eric Garcetti and four other West Coast mayors will join White House officials at a two-day summit in Portland starting Thursday to discuss homelessness, housing and climate change.