A for sale sign in front of a home in the Tower District in central Fresno on June 28, 2022.A November ballot measure to make it easier for local governments to borrow money for new infrastructure and affordable housing will likely include a big exception, preventing that money from being used to buy single-family homes.That’s thanks to a last-minute deal hammered out between a top legislative Democrat and the state real estate lobby.
“Over the course of several months, the author, her staff and stakeholders were able to reach an agreement that satisfies the concerns C.A.R. raised. C.A.R. would like to thank the author for her leadership and steadfast commitment to ensuring that homeownership can become a reality for generations of Californians,” the organization’s lobbyist Vanessa Chavez said in a letter obtained by CalMatters.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Property Property Latest News, Property Property Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
LA remains the least affordable housing market in America: Here are the most affordableIf you're one of the many that can't afford a home in LA, here are the top five most affordable housing markets in the U.S. you could consider.
Source: FOXLA - 🏆 445. / 53 Read more »
City of Tucson’s affordable housing plan includes expanding Section 8 housingAndrew Christiansen is KGUN 9's Catalina Foothills reporter. Send your story ideas to Andrew at andrew.christiansenkgun9.com.
Source: kgun9 - 🏆 584. / 51 Read more »
California real estate group won’t fight affordable housing measure, for a priceThe real estate agent association agrees not to oppose a California housing ballot measure, if single-family homes are left out.
Source: CalMatters - 🏆 261. / 63 Read more »
3 arrested for allegedly stealing $8.5M Houston taxpayer money allocated to affordable housing'Unfortunately, our tax dollars... were spent on flashy cars, nice houses, super living, trips, and pornography of all things,' District Attorney Kim Ogg said.
Source: abc13houston - 🏆 255. / 63 Read more »
City Council Approves $5M in Loans to Convert RTD Lot Into Affordable HousingA six-story building with condos for income-restricted households is going up in a closed RTD parking lot at 29th and Welton.
Source: denverwestword - 🏆 315. / 61 Read more »
Could a $20 billion bond measure help solve the Bay Area’s affordable housing crisis?Bay Area mayors gathered in San Francisco on Thursday to rally support for the measure.
Source: mercnews - 🏆 88. / 68 Read more »