State lawmakers passed a $122 billion budget today, but there’s still some unfinished business in Sacramento. Governor Brown still needs the Legislature to pass a housing proposal that would put $400 million toward low-income housing projects.
“I must say, this is really the first time [Brown] has talked about housing,” said Jacqueline Waggoner, VP and Southern California Market Leader of Enterprise Community Partners, Inc. which helps developers find funding for affordable housing projects. “It’s exciting.”
But there’s a catch. Governor Brown tied those funds to the Streamlining Affordable Housing Bill, which will allow developers to bypass much of the approval process for building new homes.
We’ve broken down what that means for developers, housing advocates, and the state’s efforts to get more Californians housed.
What does affordable housing have to do with the CA state budget?
Brown is linking the budget to his housing pl