User talk:Lwking/sandbox

Public Housing in San Diego has been a controversial subject because of the shortage of housing in the county, and the associated rising costs of overall real estate as the quantity available is decreased.

Subsidized Housing Programs
National low income housing coalition http://nlihc.org/sites/default/files/How-Affordable-Is-HUD-Affordable-Housing.pdf The Department of Housing and Urban Development's Section 8 programs help low income citizens find housing by paying the difference between the market price of a home and 30% of the renter's income. According to the San Diego Housing Commission, Section 8 housing vouchers are the city's largest affordable housing program and were responsible for helping fill 14,698 homes in the 2014-2015 fiscal year.

Affordability of Housing in San Diego
The Housing Affordability Index of California for the second quarter of 2017 showed that only 29% of California families could afford to buy a median-priced home in the state, down from the index high of 56% back in 2012. According to the Housing and Urban Development, total housing costs are affordable if they meet or are below 30% of annual income. According to the American Community Survey of 2016, 54.8% of renters in San Diego pay 30% or over of their income toward rent and housing costs every month. 78,365 of the 83,793 low-income renters who make $20,000-$34,999 pay over 30% of their income in rent. High percentages of other renters with income up to the $75,000 mark also pay up to, or over, 30% of their income to rent and housing costs every year. The San Diego Housing Commission currently owns 2,221 affordable housing units and plans to expand that number in the future to meet the growing demand.

Recent policies to create more affordable housing
In 2009, the San Diego Housing Commission implemented a finance plan that created 810 more affordable rental housing through leveraging the equity of its owned properties. The ability of the city to convert city owned buildings into low-income affordable housing was made possible by an agreement made with the Department of Housing and Urban Development in September of 2007. The San Diego Housing Commission currently owns 2,221 affordable housing units and plans to expand that number in the future to meet the growing demand.

— Preceding unsigned comment added by Lwking (talk • contribs) 07:46, 29 November 2017 (UTC)