Will Newsom’s Delta tunnel plan hold up the budget? 📝: akoseff
Since 2020, Ben said, Fresno has seen both rents and the average home price increase by 35%.agency, said the pandemic only placed a greater spotlight on affordable housing struggles in the region. There’s always been great demand for affordable housing in Fresno, Duarte said, but the current need is “tremendous.”
Some are so economically squeezed, they’re sometimes devoting three-quarters of the income to rent. Fresno renters are flooding new affordable housing options:More than 4,000 applications in two weeks for a 57-unit complex in the downtown Fresno neighborhood of Chinatown;The other panelists — Alexandra Alvarado, lead housing organizer for Faith in the Valley; Elliott Balch, president and CEO of the Downtown Fresno Partnership; and Anna Velazquez, district director for state Sen.
Some projects have already attracted state or city investment, such as replacing aging downtown infrastructure to spur denser housing, or pandemic rental assistance and eviction protections. But others that could be just as effective — including deed restrictions mandating affordable units in certain developments, or implementing rent caps — still failed to attract political support, while residents struggled to be heard.
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