The numerous, massive wildfires – 100 of them at one point in late July – swarming across California are not only harming the environment and threatening lives but are also exacerbating the state’s affordable housing crisis.
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California housing affordability reaches 10-year low
In a decade-long trajectory, increasing home prices and higher interest rates are limiting Californian’s ability to buy a home, according to the California Association of Realtors.
RCAC Loan Fund lends nearly $6.5 million to rural communities
West Sacramento, Calif. — In the quarter ending June 30, 2018, Rural Community Assistance Corporation (RCAC) closed 11 loans totaling nearly $6.5 million to assist rural communities in California, Hawaii and New Mexico.
Water storage projects in California to receive $2.7 billion in funding
The California Water Commission approved $2.7 billion to fund water storage projects across the state. Whether any will be built is another matter, however. The plan is to award water bond funding based on strict guidelines that many of the projects may not meet.
Sinking ground and arsenic in California’s water seem related
For nearly 20 years, California’s Central Valley residents have grappled with arsenic in their tap water at levels that can cause cancer and other diseases. Now, researchers are suggesting that the state’s ground is sinking, and that this could be exacerbating the arsenic levels.