california budget

January 12, 2023

NPH’s 2023-2024 Budget Proposal Analysis

Governor Newsom’s budget proposal preserves existing affordable housing rental funds, but deeper investments needed amidst economic recession.
June 30, 2023

Final Budget Maintains Prior Housing Commitments with Additional Investments, Emphasizes Need for Deeper Strategy Ahead

The state’s housing shortage is exactly the critical environment that required us to remain steadfast with our investment commitments in the final state budget.
January 16, 2024

State Budget Emphasizes Need for Legislative and Electoral Solutions Ahead

Budget shortfall signals a need for reinvigorated approach toward long-term affordable housing solutions
May 15, 2024

Governor’s May Revise Emphasizes Critical Need for Ongoing Advocacy for Long-Term Affordable Housing Solutions

Governor Newsom has released his May Revise to the 2024-25 state budget proposal, which shows a growing state deficit and some cuts to affordable housing programs.
January 17, 2025

Governor’s Budget Proposal Starts Discussion on Long-Term Affordable Housing Solutions, Including New California Housing Agency

Last week, Governor Newsom unveiled the first step of the budget process by releasing the 2025-26 state budget proposal.
May 20, 2025

Governor’s May Revise Emphasizes Need for Urgent Advocacy Now to Restore Affordable Housing Investments

On May 14, Governor Newsom released his May Revise to the 2025-26 state budget, announcing a $12B deficit and offering a dire updated proposal with no funding for the major state housing programs.
January 21, 2026

The 2026-27 California Budget Process is Underway — Here’s What We Need To Do Now

While the Governor, State Legislators, and California voters all want to see more progress in addressing housing affordability, the Governor's initial budget proposal does not include any new state funds for existing affordable housing programs. Our analysis shares what this would mean, what we're proposing instead, and what you can do next.