The City Council approved two annexations bringing new developments into Lincoln's Community Facilities Districts, the special tax zones that pay for parks, roads, and public safety in growing neighborhoods.
At its June 23 meeting, the Folsom City Council greenlit a new Toll Brothers housing development, committed $1.55 million to acquire land for the city's affordable housing fund, and renewed a four-year partnership that channels federal housing dollars into local programs.
The coastal city's median asking rent edged past a symbolic threshold in May, climbing 3.6% over the year as affordability pressures deepened for local households.
The university town's typical rent rose just $15 over twelve months, holding near $2,554 even as nearby markets posted steeper annual gains.
The typical Carmichael apartment rents for $1,828, a modest annual gain that mirrors the regional pace and keeps local renters below the rent-burden threshold.
The typical Auburn asking rent sits just $4 above where it stood last spring, a rare pocket of stability in a region where most markets saw stronger gains.
The Sacramento suburb's median rent climbed 3.7% over the past year, outpacing every other local market tracked by Zillow this period.
The typical Roseville rent reached $2,605 in May, the highest level Zillow has recorded for the city and a 2.2% increase over the past year.
Two cities posted year-over-year price gains while four slipped, and sales activity climbed almost everywhere despite mortgage rates above 6%.
Builders pulled 1,094 residential permits in the Sacramento region, up 14% from a year earlier and outpacing the statewide gain of 9.1%.