Mo’ Money, Mo’ Money, Mo’ Money: How Greedy Corporations Destroy the American Dream

A documentary that shows how the foreclosure crisis affects everyone.

WASHINGTON, DC - Today, President George W. Bush signed into law a bill to create a national Housing Trust Fund, the first new federal rental housing production to specifically help the lowest income households in the U.S. enacted since 1974. The Housing Trust Fund is one of the many provisions of the Housing and Economic Recovery Act of 2008 that the President signed early this morning.

California’s high cost of housing highlighted in 2007-2008 housing affordability report

Washington, DC – According to a report released yesterday, the Housing Wage for California is $24.01. The Housing Wage is the hourly wage a family must earn – working 40 hours a week, 52 weeks a year – to be able to afford rent and utilities in the private housing market. This represents an increase of 44.3% since 2000.