SacBee: What’s the solution to California’s unaffordable housing crisis?

SacBee: What’s the solution to California’s unaffordable housing crisis?
May 21, 2017 Peter

The U.S. Department of Housing and Urban Development classifies a Sacramento family of four with annual earnings of $59,350 as low income; for a single person, it’s $41,550. HUD’s low-income classification sounds about right because, with this income, many can’t afford Sacramento County’s median home sales price of $312,000 or an average of $1,450 per month to rent a two-bedroom dwelling. Fortunately, we have taxpayer-financed and government-subsidized affordable housing programs. What are some of these programs’ recent accomplishments?

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