housing crisis

Apple Pledges $2.5 Billion To Combat California's Housing Crisis

10:45am November 04, 2019

by Bill Chappell

The plan includes $1 billion for a mortgage assistance fund for first-time homebuyers in the state, and $1 billion for an open line of credit to develop "very low- to moderate-income housing."

Chico Housing Action Team organizers Leslie Johnson, left, Charles Withuhn, center, and Bill Kurnizki, right, in the field in south Chico where they plan to soon break ground on a 33-unit tiny home community for homeless adults called Simplicity Village.

National

Tiny Homes For Homeless Get The Go-Ahead In The Wake of California's Worst Wildfire

7:41am February 18, 2019

by Eric Westervelt

California's deadliest wildfire worsened an already bad housing crisis in rural Butte County. But the fire has jump-started a local effort to build a tiny home community for area homeless.

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Brad Smith, president of Microsoft Corp., speaks during a presentation on affordable housing in Bellevue, Wash., on Thursday. Microsoft Corp. said it will spend $500 million to develop affordable housing and help alleviate homelessness in the Seattle area

National

Microsoft Pledges $500 Million Investment To Tackle Affordable Housing Crisis

11:13pm January 17, 2019

by Vanessa Romo

Most of the money will help preserve and build new homes for low and middle-income residents. A smaller portion will go toward homeless services and programs to keep people from being evicted.

Supreme Court Revisits 2008's Housing Collapse With Banking Test Cases

10:25am November 08, 2016

by Nina Totenberg

Miami claims bank foreclosures in 2008 targeted black and Latino homeowners. When they defaulted, property values fell, which meant a drop in taxes. The city wants the right to sue the banks.

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Former homeowner Brian Burns, who now rents an apartment in Henderson, Nev., says he "still sees a lot of empty houses" in Las Vegas, where about 20 percent of homeowners are still underwater in the wake of the housing crisis almost 10 years ago.

A Decade Out From The Mortgage Crisis, Former Homeowners Still Grasp For Stability

10:34pm May 22, 2016

With ruined credit ratings atop financial loss, two ex-homeowners tell their story in the mortgage meltdown aftermath. They're wary of jumping back into the market, even if that likelihood is far off.

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