A lot of California’s focus will continue to be on economic recovery and administering the COVID-19 vaccine, which are critical issues facing our state. But, housing will also continue to be a top priority for the Partnership and Bay Area residents. For that reason, we wanted to highlight the proposed investments in housing and homelessness … Read more
The high cost of housing in the Bay Area has become an indelible characteristic of one of the country’s most vibrant and diverse regions. In October, the median purchase price for an existing, single-family home in the Bay Area was $1.1 million, nearly 20% higher than just a year prior, and far out of reach … Read more
Given the dual perks of beautiful, historic homes and close proximity to Silicon Valley, it’s not surprising that housing prices have risen quickly, and gentrification has raged through the port town of Redwood City over the past ten years. Though the census bureau estimates that at least 50 percent of the households in the southernmost … Read more
In the San Jose metro area, those who are in the lower-income tier spend more than half of their income on rent. This cost burden creates debilitating financial pressure on households that try to stay in their neighborhoods, pushes many of them out of their communities altogether and exacerbates the racial inequities in our community. … Read more
Hayward’s Mt Eden neighborhood will welcome a new, 125-unit Permanent Supportive Housing Development in early 2023. When complete, the project will provide housing for individuals and families earning 20%-60% Average Median Income (AMI), and may ultimately be able to house tenants earning as little as 15% AMI. The development will offer integrated services to help … Read more
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