Affordable Housing

Housing

New report: Bay Area shows mixed rental prices

Apartment rental prices
Mark Prado

A new RENTCafé report shows the average rent in the Bay Area increased by 2% year-over-year ($62), coming in at $2,799 in October. Compared to this time last year, only three cities out of the 44 analyzed saw prices drop by 1% or more. From September to October, though, apartment prices cooled down in 26 markets, where rents declined between 0.1% and 2.3%. Read More

Legislation

CA Legislative Cycle Wraps Up as Governor Signs MTC-Supported Housing Bills

Legislation

The 2019 California legislative cycle wrapped up over the past weekend as Governor Newsom signed and vetoed dozens of bills to meet the October 13 deadline. MTC took positions on a number of housing bills that emphasized protection of tenants, production of more housing, and preservation of existing affordable housing throughout the region. MTC ultimately supported the following eight bills, all of which have now been signed into law: Read More