Tag "California housing crisis"

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Cupertino project may test power of ballyhooed housing law SB35

Senate Bill 35 – the 2017 measure authored by state Sen. Scott Weiner, D-San Francisco, that was billed as the most far-reaching response to California’s housing crisis – could be about to get its first major test in Silicon Valley, the region

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New population stats add to fear Silicon Valley has peaked

A new report on U.S. census data reinforces fears among Silicon Valley watchers that the world’s tech capital will struggle to maintain its prominence as it tries to attract and retain workers despite extremely high housing costs. The Wall Street

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Report: Without housing fix, Silicon Valley will falter

Three times in the past 18 months, prominent journalistic organizations have questioned whether Silicon Valley has peaked. Leading off the bad-mouthing was the hometown San Jose Mercury News, which reported in September 2016 that tech growth had slowed in the

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Bill would double monthly rent tax credit – from $20 to $40

State Sen. Steve Glazer, D-Orinda, and 16 co-sponsors have introduced legislation that sounds like a bold move to address the high cost of housing. Glazer’s Senate Bill 1182 would double the state tax credit for renters. But that turns out

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Sacramento may join growing list of cities using ‘tiny homes’ to address housing crisis

Sacramento has become the latest city to consider responding to California’s acute housing crisis with “tiny homes” – small, prefabricated studio homes with bathrooms and built-in hook-ups for electricity and water. In an era in which $2,000 apartment rentals, $600,000 homes

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Legislature could vote soon on major housing bills

The first major votes on a raft of bills meant to address California’s housing crisis could come up for a vote Friday, with the Democrats who control the Legislature eager to demonstrate they know how much extreme housing costs are

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Feds: Household making $105K in San Francisco is ‘low income’

San Francisco and San Mateo counties in the Bay Area have passed a grim milestone reflecting extreme housing costs: The federal government now considers households in the counties which make $100,000 a year to be “low income,” making them eligible

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Landlords could prove irresistible target in housing debate

The California housing crisis remains an intense focus in the state Legislature, with lawmakers touting dozens of bills they argue could bring relief to residents stressed by high rents and mortgages. But if some progressives get their way, the state

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Trump budget cuts could add to California housing crisis

  California’s housing crisis seems likely to soon become significantly more complicated – and quite possibly worse for poor residents who rely on federal help. That’s because President Trump’s proposed 2017-18 budget both undercuts and targets many programs that are part

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California’s Legislative Analyst claims NIMBYism driving state’s housing crisis

When Gov. Jerry Brown’s aggressive proposal to jump-start housing construction by sharply streamlining the approvals process for urban housing projects that met certain conditions died quietly in September, the general consensus was that it was a victim of powerful factions

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