OAKLAND — As rising tent encampments sprawl over the town’s sidewalks and run-down automobiles became properties of final resort line the streets, Oakland on Monday launched a $9 million program meant to maintain its residents from ending up as one other statistic within the metropolis’s exploding homeless inhabitants.

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The brand new initiative, dubbed Preserve Oakland Housed, goals to stop homelessness by offering low-income residents liable to shedding their properties with emergency monetary help, authorized…

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