Tag: California housing crisis
Apple Promises $2.5 billion In Affordable Housing And Homeless Initiatives
Following the billions of dollars worth of donations already promised by Google and Facebook, Apple became the latest tech giant to fund affordable housing and homeless programs in California, pledging a total of $2.5 billion. Apple, who is teaming up...
Bill That Limits Short-Term Rentals May Find New Life Following Violent Airbnb Incidents
Following numerous recent acts of violence on Airbnb properties, including murder, a stalled bill in the state Senate that restricts short-term rental properties is finding a second wind. The recent five murders at at Airbnb property in Orinda, a previous...
Facebook Pledges $1 Billion In Affordable Housing Funds In California
Social media company Facebook pledged to put $1 billion into affordable housing Tuesday in an attempt to alleviate the California housing crisis, particularly in Northern California. The announcement came four months after Google outlined a similar program also amounting to...
Controversial Law Removing Many Local Laws To Allow More Housing Construction Signed By Governor
SB 330, which will allow for speedy timelines for housing permits, a ban on construction moratoriums, limits the number of public hearings on new housing projects, and forbids housing density reductions, was signed into law by Governor Gavin Newsom this...
The Housing Crisis Part III: Fullerton
While driving down a few streets in the suburban Orange County city of Fullerton, an unusual by-product of the housing crisis presented itself. Rows and rows of large houses known as ‘McMansions’ built within the past 20 years lined the...
The Housing Crisis Part II: Los Angeles
Walking down East 3rd Street in Los Angeles, on the border of the neighborhood known as “Skid Row,” a man in his late 40s wearing a faded Los Angeles Raiders t-shirt pointed to a bank of condos. “I used to...