How Newsom’s Housing and Homelessness Actions Will Impact San Diego
Governor Gavin Newsom is taking bold steps to address homelessness and affordable housing throughout California. These legislative actions will have significant implications for cities like San Diego, where the housing crisis has been a growing concern for residents and officials alike. The legislation includes expanding affordable housing initiatives, which will channel state funds to support […]
New Affordable Housing Project Breaks Ground in South Bay
Construction has started on Union Tower, a new affordable housing complex in National City located at 2312 F Avenue, between I-5 and I-805. The development will offer 94 units, including 45 one-bedroom, 24 two-bedroom, and 24 three-bedroom apartments, plus a manager’s unit. The County of San Diego, which shared the news, has been heavily investing […]
San Diego Leads U.S. Metros with the Largest Spike in New Home Listings: Redfin Report
Mortgage rates have hit their lowest point in a year and a half, but home sales are still sluggish. While the median monthly housing payment in the U.S. has dropped to just over $2,500, many buyers are still priced out of the market. In San Diego, new home listings have jumped 17.4% year-over-year, the highest […]
How Many Affordable Homes Are Needed to Meet San Diego County’s Growing Demand?
San Diego County is focusing on building new housing units to address the ongoing housing crisis, but the question remains: how many homes are needed to meet the growing demand? The County’s Housing Blueprint, a comprehensive plan developed over two years, outlines the gap between the increasing number of households and the limited housing units […]
Your Guide to Finding Affordable Housing in San Diego County
If you’re searching for affordable housing in San Diego County, a new online tool has just been launched to make the process easier. The County of San Diego has introduced an interactive website that helps users locate affordable housing options. The tool provides valuable information about property locations, income limits, and eligibility requirements, simplifying the […]
San Diego’s Permit Program is Driving Down Rental Costs, Says City
The City of San Diego’s executive order to speed up the permitting process has led to permits being issued for 2,834 new homes, all aimed at expanding affordable housing options. Mayor Todd Gloria emphasized that these 27 projects are just the beginning, as the city continues to seek innovative ways to ensure affordable housing for […]
HUD Expands Veteran Housing Assistance by Revising Eligibility Rules
The U.S. Department of Housing and Urban Development (HUD) has introduced new policy changes to improve access to housing vouchers for veterans experiencing homelessness. The revisions specifically address how veterans’ income is calculated for eligibility, ensuring that disability benefits from service-related injuries are no longer counted as income when determining voucher qualification. Previously, including these […]
Saving for a San Diego Home: The Impact of $85.10 a Day
For many in San Diego, buying a home can seem like a daunting task with the current high housing rates. Prospective buyers often wonder how much they need to save monthly to afford a down payment in five years. Researchers at MutualFund.com have tackled this question, providing some insightful data. Traditionally, the standard down payment […]
Housing Prices in Tijuana Surge 30% Over the Past Year
Housing prices in Tijuana have jumped 30% this year, according to Fermín Kim King, president of the Real Estate Professionals Association in Baja. This increase follows a 25% rise in the previous year. The surge is driven by higher costs for land, labor, and materials, significantly impacting the construction industry. “We’re seeing a shortage of […]
Compact Soccer Field to Enhance Reopened Harborside Park
The city of Chula Vista deliberated on the future of Harborside Park on Tuesday night, marking a significant step forward after its closure nearly two years ago. A compact soccer field will be part of the park’s restoration, which is set for a grand reopening in the fall. The resolution to adopt a grant agreement, […]
