Tag "California housing crisis"

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New housing law’s clout on display with OK of huge Cupertino project

A huge housing/multi-use project proposed for Silicon Valley faced strong opposition. Nearby residents hated it and blocked smaller versions of the project that were on the 2016 ballot. The mayor called it out of place and sniped at outsiders who

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Rent-control push surges to forefront of state housing debate

A ballot measure that would repeal California’s 1995 state law limiting what properties can be subject to rent control seems certain to be on the November ballot after proponents submitted more than 565,000 signatures to state authorities last week, far

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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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