Housing market to blame for lack of affordable homes, Simi official says (Ventura County Star)
Balancing the need for affordable housing with what the market will support was tougher than ever last year in Simi Valley; only 10 new dwelling units were constructed, none of them considered affordable housing.Last year, the city had the lowest rate of new residential construction in the past few years, from 700 in 2005 to 349 in 2007 to just 10 in 2009. The decline means flat development tax …

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Housing market to blame for lack of affordable homes, Simi official says (Ventura County Star)


