“We need a new approach,” Gov. Gavin Newsom said in February when he dedicated his State of the State address to California’s worsening homelessness crisis. Now we have one: acquiring $600 million of hotel properties before the federal funding clock, which controls the vast majority of acquisition funding, runs out in six months.
SOLANA BEACH, Calif. — When developer Ginger Hitzke first proposed an affordable housing complex on a parking lot in Solana Beach, she envisioned building 18 new homes for low-income families and adults at a cost of $414,000 per apartment. More than a decade later, her project has shrunk in size by nearly half and become more than twice as expensive. 4/9/2020: Twitter Read More
California already faced a shortage of more than 1 million homes for low-income families before the novel coronavirus hit. And now many advocates, economists and politicians say the pandemic is only going to make the situation worse. Major job losses, particularly in low-wage restaurant and hospitality sectors, and what will probably be severely depressed tax revenues for California and its cities, Read More
In his State of the State address, Gov. Gavin Newsom called homelessness “the most pernicious crisis in our midst, the ultimate manifestation of poverty, screaming for our attention.” Newsom called for a clear, long-term plan with a framework of solutions, echoing the Legislative Analyst’s Office. In his first two budgets, the governor has proposed significant investments in affordable housing and homelessness. Meanwhile, the Legislature Read More