Gov. Gavin Newsom's new budget proposal aims to align the state’s housing strategy with its climate goals.
Gov. Gavin Newsom wants to shift home construction in California away from rural, wildfire-prone areas and toward urban cores as part of hisThe budget blueprint Newsom detailed this week includesto incentivize housing development closer to city centers in an effort to cut long car commutes and keep people near their “daily destinations.”
The proposal would build on the $10.3 billion state officials allotted last year to bolster mixed- and low-income housing in California, but marks an evolution in the governor’s approach to solving the state’s multimillion-unit shortage. Though previous budgets have allocated significant money to affordable development, Newsom’s new plan would specifically steer funding toward housing projects in urban areas with existing resources, loosely defined as “downtowns” and “main streets.
Jason Elliott, Newsom’s top housing advisor, said the governor’s budget interlaces housing, cost-of-living and climate policies to simultaneously address California’s top issues.
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