Items Tagged with 'AFFORDABLE HOUSING'

ARTICLES

  • Is San Francisco's housing market about to get even crazier?

    Pending wave of tech IPOs could send house prices into stratosphere
    This year, a number of major Silicon Valley tech companies are set to go public, and it could have a serious impact on house prices in San Francisco. Uber, Lyft, Slack, Postmates, Pinterest and Airbnb are all planning to launch IPOs in 2019, according to The New York Times, and this will likely spur a crop of freshly minted millionaires looking to drop some serious dough to upgrade their nests.
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  • Microsoft pledges $500 million to address Seattle's affordable housing problem

    Aims to lessen negative impact of tech boom on Seattle residents
    Microsoft has pledged $500 million to fund the construction of affordable housing in the Seattle area. The effort is a move to address criticism that tech companies have pushed out lower income residents, as an influx of well-paid tech employees have descended on the area, driving up home prices and making Seattle one of the most expensive cities to live in the nation.
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  • HUD Inspector General: Department has serious management challenges

    Report says problems plaguing the agency are costing taxpayers millions
    The Department of Housing and Urban Development is facing serious management challenges that are causing longstanding performance and accountability issues. An annual report released by HUD's Office of Inspector General outlines the top six management challenges facing the agency in 2019, and the details aren’t pretty.
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