Fresno, California 2021-11-24 21:31:26 –
With rising unit prices, many families are far from affordable homes.
Opposite the Fresno Fire Department training tower in downtown Fresno, the apartment complex serves some of the poorest inhabitants in the city.
Unfortunately for low-income families, it won’t be completed for another year.
“We will provide Chinatown with 57 affordable units,” said Mike Duarte, Chief Real Estate Officer at Fresno Housing.
I told Duarte how many people need to earn just to cover Fresno’s average rent.
The calculation was done by California Housing Partnership.
“The average rent at this point is just over $ 1,000, and when broken down hourly, it averages about $ 20.50, which is about $ 42,000 per household per year,” Duarte explained.
However, rents continued to rise due to strong demand and the completion of new luxury condominiums.
Giovana Morales Tilgren, Housing Policy Coordinator for the Leadership Council, said, “They target incomes above middle income, so those who need them don’t have access to it. People are really frustrated. I think. “
A study by the California Housing Partnership also showed that 36,523 people in Fresno County did not have access to affordable housing.
Morales-Tilgren said, “Many of these families have nowhere to go. They usually move with their families and other families, so multiple families live under one roof. Affordable. There is almost no access to the house. “
Duarte added that only 40% of families who issued Section 8 residential vouchers were able to actually find the unit due to high demand.
He was worried that the number of homeless people would increase as he went on holidays.
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Housing Watch: Some Valley families still struggling to find affordable housing Source link Housing Watch: Some Valley families still struggling to find affordable housing