an assessment of the effects of the {GSE} loan purchase goals on california housing outcomes, Journal of Urban Economics 59, 458 - 475.R.W. Bostic and S. A. Gabriel, "Do The GSEs Matter To Low-Income Housing Ma
— Gov. Gavin Newsom’s administration used a new law for the first time Friday to try to force a wealthy Southern California coastal city to end its years of opposition to meeting low-income housing goals. Article content The administration sued the Orange County city of Huntington Beach ...
SACRAMENTO, Calif. (AP) — California cities will soon face more state scrutiny — and new penalties — for pushing back on housing and homeless shelter construction, according to a package of laws signed Thursday by Gov. Gavin Newsom.
City-specific homebuyer assistance programsCity of Los Angeles Housing Department (LAHD) Low Income Purchase Assistance (LIPA)LAHD provides deferred, zero-interest loans to help first-time, low-income buyers purchase homes in the city of Los Angeles. Borrowers can receive a loan equivalent to 5 ...
Buying yourself time to repay cash assistance What you need to know: This is a deferred-payment subordinate loan that low- to moderate-income first-time home buyers in California can use to make a down payment or cover closing costs when taking a CalHFA mortgage loan. “Subordinate” means...
The state now has a $50 billion to $60 billion annual housing affordability gap. Virtually none of California's low-income and very-low-income households can afford the local cost of housing. Nearly 70 percent of...
revenue specifically for affordable housing and public infrastructure projects other than with a two-thirds vote. AB 2813 enacts further statutory provisions for the implementation of Proposition 5, including by defining housing, housing assistance programs and rehabilitation programs that are affordable ...
Some Californians will be eligible to receive $2,000 to buy an e-bike in an effort to get more cars off the road and keep more money in their pocket. It also has great health benefits.
Southern California has emerged as a leader in the movement. One of the largest experiments in the country, the city of L.A.’s Basic Income Guaranteed: Los Angeles Economic Assistance Pilot, or BIG:LEAP, disbursed $1,000 a month for one year to 3...
California will soon become one of the first states to provide free health care to all low-income immigrants living in the state illegally.