Low-income residents renting homes in rural areas face an ever shrinking supply of affordable housing, which experts say will only worsen in the coming years.
Nearly 90 percent of millennials say they want to purchase a home in the future, but half haven’t saved for a down payment.
Factoring in living costs, nearly 20 percent of Californians were living below the poverty line in 2015, 2016 and 2017, making the state the poorest in the country. The national average of Americans living in poverty those same years was 14 percent.
West Sacramento, Calif. — Rural Community Assistance Corporation (RCAC) received an $832,841 grant from the U.S. Department of Housing and Urban Development (HUD) to help rural residents find housing, make informed housing choices or keep their current homes.
Despite California’s booming economy – among the largest in the world, surpassing most nation’s output – the majority of its residents are barely getting by, according to a new study.