Overwhelmed, Overpriced, Over It! Ep. 4 ‘Billions Wasted?'

Renters are shocked they are paying market rate for apartments built with taxpayer-backed loans meant for affordable rentals. The Investigative Unit goes back in time to explain how this all went down and the solutions the federal government is working on to prevent it from happening again. In this fourth episode of our streaming series looking into California’s crazy housing landscape, the Investigative Unit focuses on affordable housing lost.