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Apple is looking for affordable housing in California – but laws are not allowing
December 3rd, 2019 No Comments Tablets
Sometimes, you can get good deals for Apple devices. At this time, Apple is COPYRIGHT © 2019 WHOLESALE PHONE
interested in affordable housing in California. Laws are restricting them ALL RIGHTS RESERVED.
because the company has vowed $2.5 billion to address the affordable-
housing crisis of California. Remember, Bay Area of San Francisco becomes an
expensive housing market of America. Los Angeles is bearing expensive housing
because the cost is above average.
Package of $2.5 billion of Apple includes different initiatives. Apple may offer $1
billion credit to companies building houses for people with low-income.. This
credit will help new home buyers. They can get the advantage of critical service
personnel, veterans and school employees. Cupertino and other similar
communities are not friendly for schoolteachers and cops. They often struggle
for affordable housing near their offices.
Apple Donates Land
Apple is ready to donate a land of $300 million in San Jose for this project. This
project proves the right to build affordable housing units. To support affordable
housing, another $150 million is available for Silicon Valley. Moreover, a final
earmarked $50 million is available for a project (nonprofit) for homeless people
in Silicon Valley.
Microsoft provided $500 million in loans and grants for affordable housing in the
Seattle area for the assistance of homeless in January.
Google announced in June a $1 billion initiative along with $750 million of land
(Google-owned) to support the development of 20,000 new units in the Bay
Area of San Francisco.
Facebook unveiled almost $1 billion loans and grants to support over 20,000
units in this region. They invested in October.
The initiative of Apple is larger than other programs. The low-income housing is
the main focus of these funding. For low-income group, cheapest tablets
online are available.
Corporate Initiatives May not Fix
Housing Problems of California
No doubt, these efforts are admirable to promote affordable housing.
Unfortunately, these struggles can’t solve the housing crises of California. The
fundamental housing problem of Golden State is different because local and
state laws don’t allow developers to build sufficient housing to fulfil rising
demands.
The 20th century may change the situation and cities could be able to
accommodate the increasing demand for affordable housing. It is necessary to
push the suburbs outward. In metropolitan areas, such as Los Angeles and San
Francisco, the process is running. The land is in a driving distance. It may help
you to accommodate growth by increasing density. Single-famous places can
be replaced with apartment buildings, townhouses and duplexes.
In San Francisco, almost 75 percent of the land is zoned, and it is not allowed to
work on duplexes. Additionally, the laws in Silicon Valley are also stringent.
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