Assemblymember Chiu Unveils Plan to Address Housing Affordability Crisis, Alleviate Poverty

Wednesday, April 26, 2017

(Sacramento) – More than a dozen members of the Democratic Assembly Caucus gathered for a news conference to unveil a plan that would deliver relief to California families struggling to keep up with skyrocketing rents. Led by Housing Committee Chair Assemblymember David Chiu (D-San Francisco) and Assemblymember Tony Thurmond (D-Richmond), the group proposed more than $1.3 billion to stabilize families after median rents have soared by 20 percent since 2008, while median incomes have dropped by 8 percent. “California’s housing affordability crisis tarnishes the promise of our great state, exacerbating traffic congestion, climate change and income inequality,” said Assemblymember Chiu. “I am proud to work with my colleagues to prioritize a comprehensive approach that will help Californians who are homeless, struggling to pay the rent, and trying to buy their first home.” Here’s more in this Assembly Access video.