Article: Schwarzenegger vetoes funds for low-cost homes in Sacramento, Calif., area.

By Mary Lynne Vellinga, The Sacramento Bee, Calif. Knight Ridder/Tribune Business News

Sep. 30--Gov. Arnold Schwarzenegger on Wednesday vetoed a bill by Assemblyman Darrell Steinberg to provide more affordable housing funds to the Sacramento region.

The legislation, AB 1426, would have earmarked up to $1 million in state housing bond money for cities and counties meeting the terms of a voluntary housing compact created this year by the Sacramento Area Council of Governments.

Governments joining the compact pledge to make sure 10 percent of their new housing is affordable to people with moderate, low and very low incomes.

In his ...

Related newspaper, magazine, and journal articles:

 
 
Newsweek Harper's Magazine The Washington Post Chicago Tribune Crain's Chicago Business PRNewswire Pediatric News The Nation Advertising Age The Economist (US) A FREE trial gives you access to over 80 million articles! Access over 6,500 publications with a FREE trial!