Newsom Announces Fast Tracking of 5,500 Affordable Homes

istock_11720_homeconstruction
istock_11720_homeconstruction

grandriver/iStock

Governor Newsom announced Monday that the state is fast-tracking the development of 55-hundred affordable homes across the state, in part through the use of excess state-owned land. Newsom announced funding of 975 homes at ten projects statewide. In a previously issued executive order, the Governor directed state agencies to identify excess state-owned land to be used for affordable housing. Newsom says building on state-owned land avoids the endless delays by communities looking to avoid building their fair share of housing. He says these investments will match more than 80-million dollars in collaborative funding committed by cities, counties, and public housing authorities.