Gov. Newsom and legislative leaders announce an agreement to bridge the state budget deficit by dipping into reserves and reducing some spending. The deal also calls for a bill in August to set aside more money and a 2026 constitutional amendment to grow the state’s rainy day fund.
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Legislators Consider Requiring Sobriety in Homeless Housing
Two new bills in the Legislature would allow state funding to support sober housing for homeless residents, a significant departure from California’s current housing-first law.
With New Bond Vote Pending, 2018 Bond for Housing Hits Snags
Californians in March will vote on a $6.4 billion bond to build thousands of housing units for people with serious mental health conditions. A 2018 ballot measure made similar promises, but Santa Clara County and the rest of the state are falling short.
San Jose, other Cities, Face State Deadline to Speed Up New Housing Construction
In San Jose, the city is facing double deadline pressure. The Bay Area’s largest city has yet to have its housing element certified by the state, though a draft is under review by the housing department.
State, Lenders Seek to Recover $170 Million from Homekey Housing Developers
Shangri-La Construction took loans against state-funded housing projects, moved money into other bank accounts and left projects unfinished.
New CA Housing Laws Aiming to Cut Housing Red Tape for Builders
California lawmakers made an effort in 2023 to remove red tape around building new houses.
Dozens of Near-Ready Affordable Housing Projects Likely To Be ‘Mothballed’
More than 100 developers backing 240 projects with approximately 20,000 proposed affordable housing units applied to the state's Housing and Community Development Department for more than $3.5 billion, but the state only has $576 million to award.
2023: CA Homelessness Worse even with New Housing Bills
Why did the homelessness crisis become more dire in 2023, even as the Legislature passed more affordable housing laws? Home prices and rents are still increasing.
Assembly Speaker Rivas Shifts Leadership to Boost Pro-Housing Agenda
Speaker Robert Rivas seems to be laying the institutional groundwork for an aggressively pro-housing legislature next year.
Downtown Hotel to Sell One Tower for Proposed San Jose State Student Housing
A $113 million lease-buy-back deal will convert the south tower of the former Fairmont Hotel in downtown San Jose into a 700-bed student residence hall.
California Adds 56 New Laws Supporting More Affordable Housing
Housing developments will now be more streamlined with less red tape, density laws can be overruled in the interest of housing, and institutions like colleges or religious organizations can now use portions of their property to build housing.
California Lawmakers Endorse Wide Variety of Affordable Housing Options
A patchwork of bills is giving housing developers and local governments more options to reduce red tape for housing projects.
Proposed CA Constitutional Amendment Could Unlock Billions for Housing
Instead of the two-thirds supermajority required for local bond measures, legislators are considering a proposed threshold of 55%. Had that standard been in place in 2018, San Jose, Santa Cruz County, Berkeley, San Diego and Santa Rosa would have been granted the power to borrow a total of $2.26 billion.
California Looks at Borrowing Record-breaking $35B to Tackle Housing Crisis
Three of the biggest housing bonds in state history are bound for the 2024 ballot. But with no shortage of crises facing the state, California can only borrow so much and voters may succumb to bond fatigue.
VTA Signs Deal for 100% Affordable Housing Development at Berryessa Transit Center
In 2020, VTA entered into a cost-sharing agreement with the Santa Clara County Office of Supportive Housing, leveraging Measure A tax funding and VTA land to build four 100% affordable housing developments.
Is Housing A Human Right? California Voters Could Decide
More than 170,000 people are homeless in California. Some Democrats want to make the state the nation’s first to declare housing a human right, but opponents worry it would be costly.