Newsletter
State Budget Coalition Letter: Housing Investments for 2023-24 and Beyond
Silicon Valley: Is the Bay Area on the Verge of a Housing Construction Slowdown?
January 18, 2023
Senator Wiener Introduces Legislation To Improve Transparency on The Financial Impacts of Critical Ballot Measures
February 15, 2023
In early February 2023, NPH and dozens of our coalition partners came together to send a clear and coordinated message to state legislators: California needs more affordable housing and we need it now. A joint advocacy letter to Governor Gavin Newsom and other elected officials calls for an investment of nearly $8 billion in the 2023-24 state budget for housing production and preservation and homelessness solutions, designed to advance housing affordability and economic resilience in California.
What’s Missing: January State Budget Proposal
These state budget advocacy efforts come after Governor Newsom released his initial state budget proposal in January, which preserves critical investments for the production of rental affordable housing and homelessness response but should also include investments, at scale, to truly address California’s housing shortage and affordability challenges.
What’s Needed: Investments at Scale
NPH and partners are eager to work with the Newsom Administration and state legislators on collaborative and creative approaches this budget cycle, from exploring new, dedicated revenue sources to providing long-term funding solutions toward affordable housing production and preservation.