SF Examiner: Eye on the State: This year was all about housing

SF Examiner: Eye on the State: This year was all about housing
October 8, 2017 Peter

To great fanfare, Gov. Jerry Brown last Friday finally signed a “package” of housing measures. The political logjam that had stymied affordable housing bills finally broke, with more than a dozen housing bills making it through this year. The last decade has been a triple nightmare for housing in California: the 2008 Wall Street crash that decimated single-family house construction that once provided the bulk of middle-class starter homes; the governor’s dissolution of redevelopment funding that eliminated more than a billion dollars annually for housing; and the attack by the real estate industry that took away cities’ ability to require affordable “inclusionary” housing. California’s deficit of affordable homes grew to 1.5 million in the last few years, even as the state cut funding for affordable housing by 79 percent.

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