West Sacramento, Calif. — The U.S. Department of the Treasury’s Community Development Financial Institutions Fund (CDFI Fund) awarded Rural Community Assistance Corporation (RCAC) $2.5 million through its Capital Magnet Fund (CMF). RCAC is among 25 CDFIs and 15 nonprofit housing organizations that received a CMF award.
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Based on “Housing”.
Foundation partnership will focus on America’s housing crisis
America’s housing crisis continues with no end in sight. As rents increase threefold over wages, more than 11 million families spend more than half of their pay for housing. According to Huffington Post, nine foundations formed a partnership to fund policy, advocacy and organizing to increase access to affordable housing for low-income families and those facing homelessness.
Proposed housing rules could raise rent for low-income, elderly
Low-income, subsidized renters may have to pay higher rent, beginning sometime this year, if proposed changes to federal income and housing legislation is signed into law.
Rural Supportive Housing training workshops offered
Behavioral health, affordable housing and homeless services agencies have a common goal to improve the wellbeing of their clients, but they often work in silos, with different languages, acronyms, cultures, operating practices and resources.
California’s high housing costs mean poorer children
Five percent of California families live in “deep poverty,” a segment of the population, say researchers, made worse by the state’s exorbitant housing costs.