Bay Area's Affordable Housing Crisis Widens as Rent Prices Spike

Mountain View is breaking ground on an entire building of low-income rental units made possible by an ambitious public-private partnership.

This will bring affordable rent to the center of the least-affordable place to rent in the entire Bay Area.

How are they doing it?

NBC Bay Area’s Business and Tech Reporter Scott Budman takes us out to the construction site, watch full report in video player above.

→ Continue reading at NBC Bay Area

More from author

Related posts

Advertisment

Latest posts

TikTok is investing $1.5 billion to get back into online shopping in Indonesia | CNN Business

Jakarta — China’s TikTok will invest $1.5 billion to become controlling shareholder of an e-commerce unit of Indonesia’s GoTo Gojek Tokopedia, as it seeks to restart...

China has another massive headache now: It can’t stem deflation | CNN Business

Editor’s Note: Sign up for CNN’s Meanwhile in China newsletter, which explores what you need to know about the country’s rise and how...

Spotify slashes staff to move faster into AI – and Wall Street loves it | CNN Business

New York CNN  —  Spotify made a name for itself in the audio-streaming business through its hyper-personalized user experience,...