Not long after the recall was shut down, Governor Newsome announced California’s first housing accelerator fund, which is a $1.75 billion dollar initiative to help fund 90 projects of more than 7,000 units of affordable housing in California.
California is prioritizing projects that have already gotten an allocation of state funding and will begin work in the next 180 days.
This is much needed. California has to find a way to make room for its workforce with more affordable housing.
Leave a Reply