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Based on “California”.

Affordable housing in California remains elusive

Although California lawmakers in 2017 passed several bills to ease housing construction across the state, affordable rental units remain out of reach for many low-income residents. In a new report by the California Housing Partnership, about two-thirds of the more than two million very low-income renters in the state spend more than half their income on rent.

RCAC Loan Fund lends nearly $8 million to rural communities

West Sacramento, Calif. — In the quarter ending Dec. 31, 2018, Rural Community Assistance Corporation (RCAC) closed 22 loans totaling nearly $8 million to support rural communities in Alaska, California, Idaho, New Mexico and Washington.