“The status quo is not OK. It’s hurting people’s lives,” said Schwartz. “it’s fundamentally changing the ability of the Bay Area to be inclusionary.””
SF Biz Times: How the East Bay and Peninsula lost $185 million in affordable housing funding over the last decade
New Bay Area Data: Housing Costs Rise, Needs Grow, Funding Plummets
May 5, 2017SF Chronicle: Affordable housing drying up across Bay Area, report finds
May 5, 2017
“Annual federal and state affordable housing funding for the East Bay and Peninsula plunged by $185 million over the last decade, worsening the regional housing crisis, according to new reports….
The analysis was released by California Housing Partnership Corp., Non-Profit Housing Association of Northern California and East Bay Housing Organizations, using data from the government and the University of California, Berkeley….
Read the full article via the San Francisco Business Times