San Mateo County approves use of $18 million in federal funds for affordable housing
https://www.siliconvalley.com/2024/10/24/san-mateo-county-approves-use-of-18-million-in-federal-funds-for-affordable-housing/
The San Mateo County Board of Supervisors approved the allocation of $18 million in federal funds earlier this week to support affordable housing projects.
Housing remains a top concern for the county, as San Mateo consistently ranks among the most expensive places to live in California. According to federal guidelines, a family of four earning $156,650 annually in the county is classified as “low income.” The median home price in San Mateo is north of $2 million.