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March Madness

March Madness

Food for thought …. Is it all that bewildering why African Americans and Latinos lag in homeownership? …. especially once you consider a century (plus plus plus) of government housing discrimination …. big surprise!! Never got a chance to diversify assets …. oh my!  Predatory leading …. bang, bang!Anti-gouging what a concept …. worth a try .… as more and more folks pay larger portions of their income towards rent and mortgages does this just stop the bleeding …. what about the healing ….

Over two hundred new housing bills in Sac …. oh no! …. new and improved …. after all the definition of insanity is doing the same thing over-and-over again expecting a different result …. hundreds of millions of dollars in play …. cha ching!


If California pursues a cap on rent increases, how many tenants will it help? 

CALmatters
By Matt Levin [February 22, 2019]

Less than four months after an initiative to allow cities to expand rent control failed overwhelmingly at the ballot box, and less than four months after then-incoming Gov. Gavin Newsom talked about brokering a compromise between tenant and landlord groups, no new legislation from lawmakers or specific proposals from the Newsom administration have been introduced to cap how much rents can rise.

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Amid Some Economic Gains, Black Homeownership Continues to Fall: Report

THE ROOT
Anne Branigin [March 4, 2019]

Despite record low unemployment and higher wages than in the past, substantial barriers to homeownership continue to keep black Americans from amassing wealth.

A new Washington Post report collects recent studies and data on black homeownership that offers a stark view of the racial gap in housing—one that only seems to be getting worse.

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California Department of Housing and Community Development Awards $76 Million in Federal Funds to Increase Homeownership and Affordable Housing Opportunities

DEPARTMENT OF HOUSING AND COMMUNITY DEVELOPMENT
Office of the Director [February 22, 2019]

The HOME Investment Partnerships Program (HOME) is the largest federal block grant to state and local governments designed to increase homeownership and affordable housing for low- and very low-income Americans. These awards help cities, counties, developers, and nonprofit community housing development organizations to create and retain affordable housing. 

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