Nov 14, 2024 | Housing
Embarcadero Media staff
November 14, 2024
Housing affordability has become significantly worse in Santa Clara and San Mateo counties – so much so, that only one out of every 805 homes listed for sale is affordable for households with an annual income of $100,000, according to a new report from regional think tank Joint Venture Silicon Valley.
Nov 10, 2024 | Housing, Litigation
By Susan Kirsch
November 10, 2024
The headline of the editorial read, “Novato is stuck with bad rules from the state.” Some will nod in sympathy. They think about being “stuck” as burdened, baffled or in a fixed position and unable to move.
Others don’t feel sympathy, but anger. Rightly so. Elected officials have pandered to Sacramento lawmakers and succumbed to threats from legislators and staff. In many cases, they’ve abandoned the well-being of constituents.
Nov 1, 2024 | Housing
By Jonathan Lansner
November 1, 2024
Inflow translated to 1.09% of California’s population – worst “attraction rate” in USFew Americans are moving to California, when you see the inflow in national terms.
Last year, California drew 422,075 people from other states. My trust spreadsheet’s review of new state-to-state migration data from the Census Bureau tells me those arrivals equal 5.6% of the nation’s 7.55 million interstate relocations. That’s less than half the state’s 11.6% share of Americans aged 1 or older.
Oct 26, 2024 | Housing
By Brielle Johnck
October 26, 2024
As of October 11, 2024 the application process has gone through several steps with the developer N17 submitting its plans, designs, and its response to the list of Menlo Park requirements. The City has responded claiming some requirements relating to paving, landscape and exact measurements of plans need correction. So back to N17 the application goes
Oct 25, 2024 | Housing
By TRD
Oct. 24, 2024
Cityview will employ a state density bonus to build more apartments with fewer affordable units at a proposed eight-story complex in Westchester.
The Century City-based multifamily developer led by Sean Burton will use Assembly Bill 1287 to file revised plans for a 489-unit apartment building at 6136 West Manchester Avenue, Urbanize Los Angeles reported.
Oct 19, 2024 | Housing, Opinion
By Bob Silvestri
October 19, 2024
This is a follow-on to my previous articles on housing affordability challenges.
Priscilla Almodovar, the chief executive of Fannie Mae is noted by Marketwatch to be one of the 50 most influential people in the country. You would think someone of her stature would be able to share some special insight into our housing affordability challenges, other than the tropes and platitudes rampant on social media. But, you would be wrong.