Developing affordable housing is more expensive and takes longer to build than market-rate homes. But why? Here are the major challenges Our Town St. Helena (OTSH) faces as we develop our Pope Street Workforce Housing project (10 units) and the Fountain Street project (approximately 40 units). Complex Financing When the Read more…
Hottest housing market? It’s not New York, San Francisco or LA. Sacramento has topped the list of the least affordable new home markets in the country. Sacramento’s median new construction home price is $650,000
Twenty-two years ago, right after getting married in Oaxaca, Mexico, Julio Olguín Olivera and Alma Martínez de Olguín settled in St. Helena. Since then, they’ve formed a family and raised their kids: Mary, 22; Brandon, 20; and 15-year-old twins Camila and Julio. Julio Olguín Olivera has worked in the wine industry Read more…
Salomon works as a foreman at Grgich Hills Estate in Rutherford, so commuting from his current address in Middletown to his full-time job in addition to the commitment of this project intimidated him at first.
“It was nerve-wracking,” Salomon said. “I am required to put in 32 hours a week and it is just me.”
With the dramatic drop in income for countless people due to the COVID-19 pandemic, millions fell behind in their rent or mortgage payments. The federal government helped for a month or two. Now our cities and rural areas are filled with people in deep financial trouble, facing frightening consequences of not being able to make their monthly payments.