San Gabriel Valley Tribune: Almost 1 million affordable homes needed for Southern California poor

San Gabriel Valley Tribune: Almost 1 million affordable homes needed for Southern California poor
May 22, 2017 Peter

Southern California has a low-income housing shortage of nearly 1 million units, according to a new analysis of housing costs. Seen here, a "green" roof atop a parking structure at the affordable Park Landing apartments in Buena Park. The environmentally friendly roof has a playground, barbecue grills and more than 20,000 square feet of outdoor recreational space.(JEBB HARRIS ORANGE COUNTY REGISTER)A decline in government spending, rising rents and falling incomes have created a shortage of nearly one million affordable homes in five Southern California counties, the nonprofit California Housing Partnership Corp. reported Monday, May 22. The five-county area needs 949,016 more affordable rentals to meet the needs of families earning 50 percent or less of the median household income, the report said.

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