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(CNN) -- Apple announced a .5 billion financial package to help address the housing crisis in California, which has worsened in part because of the rapid growth of tech companies.The company laid out a five-point plan, including billion for an affordable housing investment fund, billion in mortgage assistance for first-time home buyers and opening some Apple-owned land valued at 0 million for development. The remaining 0 million will go toward a San Francisco housing fund and to support vulnerable populations.In San Francisco, roughly 7,000 people are homeless. There is a shortage of affordable homes across the Bay Area, which is pushing out middle and low-income workers like teachers and restaurant employees. Critics say the influx of tech companies and their well-paid workers has contributed to the ongoing housing crisis.RELATED: Company turns several San Diego apartments into vacation rentals"Affordable housing means stability and dignity, opportunity and pride," said Apple CEO Tim Cook in a press release. "When these things fall out of reach for too many, we know the course we are on is unsustainable, and Apple is committed to being part of the solution."The money won't be distributed immediately or all at once. Apple said it will "take approximately two years to be fully utilized depending on the availability of projects." Money made on the projects will be "reinvested in future projects over the next five years," the company said.RELATED: Study examines San Diego's 'affordability crisis'The financial package was created in partnership with California Governor Gavin Newsom. He said that Apple is "serious about solving this issue" and hopes other companies follow the company's lead.Other tech companies have announced financial packages with similar goals, although Apple's is the largest.Google pledged billion in June to redevelop company-owned land for affordable housing and created an investment fund to incentivize developers to build at least 5,000 affordable housing units in the region. In January, Facebook teamed up with organizations to raise 0 million to help fight the housing crisis.The housing issue has received national attention and was a topic of major debate during the last California state election.RELATED: Home building numbers show major decrease in San Diego in 2019In November 2018, voters passed the largest corporate tax increase in San Francisco's history — an issue that pitted Salesforce CEO Marc Benioff against Twitter and Square CEO Jack Dorsey. Benioff accused Dorsey and other tech leaders who opposed the ballot measure of not giving enough back to the city where their companies are headquartered. As tech companies expand, their high-paid employees create a supply-demand imbalance for housing, sending California's home prices through the roof.-- CNN Business' Ahiza Garcia contributed to this report. 2904
YouTube star Olivia Jade Giannulli is "devastated" by the allegations her parents are facing in the college admissions scandal."Olivia is devastated and completely embarrassed. She feels like she's lost nearly all of her friends because of this. She's barely speaking to her parents," a friend who has been in communication with her told CNN.Giannulli's parents, actress Lori Loughlin and fashion designer Mossimo Giannulli, are among 33 parents accused of paying bribes for their children to attend prestigious institutions.The couple is accused of paying 0,000 to a fake charity to get their two daughters into the University of Southern California as crew recruits. Their daughters did not participate in the sport.Giannulli, who goes by Olivia Jade, has been a student at the University of Southern California since the fall of 2018.The 19-year-old is a social media influencer with more than 1.4 million followers on Instagram and 1.9 million subscribers on YouTube. She has been silent on social media since the scandal broke."Her best friends are doing everything they can, but she doesn't even want to see anyone right now," the source added. "Olivia has been staying off social media because she's gotten so much hate."After the allegations surfaced, cosmetic giant Sephora 1298
Would you go on a date just to get a free meal out of it?According to research in the journal, Social Psychological and Personality Science, they found 23% to 33% of women 184
SAN DIEGO (KGTV)-- Twelve members of San Diego's California Conservation Corps returned home today, after a one-month deployment. On October 10th, 2018, Category 4 Hurricane Michael approached the Florida Panhandle. 155 mile-per-hour winds wiped out Mexico Beach City, Florida. For the last month, Corps members were assisting residents recover from the disaster."We did a lot of damage assessment analysis, temporary roofing, we did debris removal, tree removal," Corpsman Antonio Sanchez said. The CCC is a state agency that offers young adults environment-related jobs. Most of the work is in California, but they can be deployed elsewhere. This was crew leader Rebecca Voorhees' first time out of state."It was very eye-opening because we've seen fires. But not things like this," Voorhees said. "It makes you a little more humble because it's not just you here we're helping. We can help all over the world."But their hearts are always at home, especially on Thanksgiving. "I'm really glad to be home. 30 days is a really long time away from family, and so I'm going to go home and spend some time with them," Sanchez said. Their Thanksgiving vacation lasts only a few days. When they go back into the office on Monday, they will be put back on the "available for deployment" list. Their next stop could be to Northern California's fire-affected areas, where they go back to doing what they do best."We help people," Voorhees said. "To go out there and give everybody our all, to at least give them some sort of feeling that there are people out there are watching them and that care about them."San Diego County's branch of the California Conservation Corps is located in National City. For more information, click HERE. 1765
LOS ANGELES (CNS) - A Philippine Airlines flight returned to Los Angeles International Airport Thursday after experiencing engine trouble, giving passengers a scare as flames belched from one of the Boeing 777's engines. No one was injured on the plane, which had been bound for the Philippines. The jetliner returned to LAX about 11:50 a.m., according to the Federal Aviation Administration. The trouble was with the right engine, according to the FAA. Some passengers on Flight 113 reported hearing what sounded like a car engine backfiring, according to ABC7, which obtained passenger video of flames shooting from the engine. 641