How Has COVID-19 Affected Renters and Homeowners?

Jan 19, 2021 - Federal requirements provide some limitation on the use of this funding, including that eligible households must have experienced financial hardship due to COVID ‑19, be at risk of homelessness or housing instability, and have a household income at or below 80  p ercent of the area median.
https://lao.ca.gov/Publications/Report/4312

The 2019-20 Budget: Considerations for the Governor's Housing Plan

Feb 20, 2019 - Specifically, the proposal targets developments for households with incomes between 60  p ercent and 80  p ercent of area median income. In San Francisco, households with incomes between $71,000 and $95,000 would be eligible, while the range for Bakersfield residents would be $35, 000 t o $47,000.
https://lao.ca.gov/Publications/Report/3941

The 2022-23 Budget: The Governor's Housing Plan

Feb 14, 2022 - Specifically, these developments serve renters with incomes between 30  percent and 80  percent of the Area Median Income (AMI), with an option to serve renters with incomes up to 120  percent of AMI.
https://lao.ca.gov/Publications/Report/4535

Perspectives on Helping Low-Income Californians Afford Housing

Feb 9, 2016 - Currently, about 3.3 million low –income households (who earn 80  percent or less of the median income where they live) rent housing in California, including 2.3  million very –low –income households (who earn 50 percent or less of the median income where they live).
https://lao.ca.gov/Publications/Report/3345