“Some affordable housing advocates were disappointed this year’s state budget didn’t include the same sweeping new funding and programs for housing production as last year’s. “It’s concerning, however, that there still are no signs of a comprehensive plan to get us to the several million new homes that the governor has set as a goal, and that we’re all striving towards,” [CHPC CEO and President & NPH Board Member Matt] Schwartz said.
“A group of organizations, including The Non-Profit Housing Association of Northern California and the Western Center on Law and Poverty, had pushed the governor to invest $5 billion in housing and homelessness with this year’s budget.
“’The budget released today is an encouraging next step, with a number of important new investments,’ Ray Pearl, executive director of the California Housing Consortium, wrote in a news release. ‘But to build all of the affordable homes we need, we have to think even bigger — matching new and continuing state investments with the scale of the problem and making structural changes in the way the state finances and supports affordable housing.’”
Read more via the Mercury News…