Episode Details

San Diego’s city council just took a bold step to fight the housing crisis by approving a new affordable housing preservation fund — a move designed to lock in existing affordable units and prevent them from being lost to market forces. With a starting budget of $8.5 million, the plan aims to buy, repair, and permanently protect thousands of homes at risk of becoming unaffordable by 2040. While critics questioned the fund’s scale, the proposal passed unanimously, seen as a crucial tool to keep long-term residents in place and give working families a chance to thrive. Future funding will come from the city budget and potential private donations.

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