Newsom Signs Major Housing Legislation in California
Newsom Signs Major Housing Legislation in California
Newsom Signs Major Housing Legislation in California
News summary

California Governor Gavin Newsom has signed a comprehensive package of 32 laws to address the state's housing and homelessness crisis. The new legislation aims to enforce stricter compliance from cities and counties, streamline the approval process for housing projects, and increase the availability of affordable housing and homeless shelters. Cities failing to meet housing goals could face penalties of up to $50,000 per month. The laws also include provisions for interim housing solutions and mandate detailed housing plans, with a goal to build 2.5 million homes by 2030. Additionally, $2.2 billion in funding will be released ahead of schedule for permanent supportive housing, particularly benefiting veterans. Newsom emphasized the need for local governments to act swiftly and comply with state housing laws to resolve the long-standing housing affordability and homelessness issues.

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37 min ago
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