The past three years have been particularly dismal for affordable housing in Sacramento

Screenshot 2018-06-08 at 12.18.12
Darrell Steinberg
Mayor of Sacramento

The past three years have been particularly dismal for affordable housing in Sacramento, a city that had previously distinguished itself from affluent suburbs by requiring developers to accommodate low-income residents.

Of the 5,500 housing-unit building permits issued by the city between 2015 and 2017, only 98 were for apartments or houses that people with salaries in the minimum wage range or a little higher could afford, according to a city review. And none of those 98 got any city help.

At the same time, Sacramento rent hikes have topped the nation among large cities. The average rent in downtown and midtown Sacramento now stands at $1,786 for an 848-square-foot apartment, according to Colliers International research.

via Sacramento housing crisis: City, state changes hurt affordable housing | The Sacramento Bee

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s