Governor’s 2022-23 State Budget: Summary from the Partnership


Budget investments toward preserving/ protecting/ producing sustainable, affordable housing include:

  • $500 million in enhanced state Low-Income Housing Tax Credits (LIHTC)
  • $400 million for Homekey
  • $250 million for the CalHome program
  • $250 million for the California Housing Accelerator (CHA) Program
  • $200 million for the Infill infrastructure Grant (IIG) Program of 2019
  • $150 million for Adaptive Reuse
  • $145 million for CalHFA [budget correction]
  • $100 million for the Multifamily Housing Program (MHP)
  • $50 million for affordable housing on state excess sites
  • $50 million for the Portfolio Reinvestment Program (PRP)
  • $50 million for the Joe Serna Jr. Farmworker Housing Program
  • $50 million for the Veterans Housing and Homelessness Prevention (VHHP) Program 
  • $50 million for accessory dwelling unit (ADU) financing
  • $50 million for reuse of the LA/USC Hospital Campus
  • $50m for CDFIs
  • $30 million for legal aid eviction defense
  • $25 million for mobile homes and manufactured housing
  • $1 billion for the Homeless Housing, Assistance and Prevention (HHAP) Program
  • $1.95 billion to forgive the loans for the Emergency Rental Assistance Program (ERAP)
  • $500 million for the California Dream For All homeownership program
View our State Policy section for more information.