The U.S. Department of Housing and Urban Development classifies a Sacramento family of four with annual earnings of $59,350 as low income; for a single person, it’s $41,550. HUD’s low-income classification sounds about right because, with this income, many can’t afford Sacramento County’s median home sales price of $312,000 or an average of $1,450 per month to rent a two-bedroom dwelling. Fortunately, we have taxpayer-financed and government-subsidized affordable housing programs. What are some of these programs’ recent accomplishments?
Read Full ArticleCategories:SacBee