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California Gov. Newsom Proposes Historic Investments in Housing
Governor Gavin Newsom’s May Revision to the 2021-22 California budget demonstrates the administration’s clear commitment to affordable housing and proposes bold, historic investments in housing and homelessness programs. This investment is made possible by a $75 billion budget surplus that provides the state with the opportunity to meaningfully respond to the immediate needs of Californians, while also putting our communities on the path for a more equitable recovery.