Newsom’s $1B plan for homelessness targets rental assistance, housing development

The spending plan in the governor's budget submitted Thursday would double the amount the state doled out this year

Los Angeles /
May.May 09, 2019 05:00 PM
Gavin Newsom with the Capitol in Sacramento
Gavin Newsom with the Capitol in Sacramento

Much of the $1 billion Gov. Gavin Newsom proposed in his budget to address the homeless crisis — an amount that doubles previous funding — would go to rental assistance and housing development.

Newsom submitted his revised budget proposal on Thursday, the Los Angeles Times reported, with an increase in funds aimed at tackling poverty and homelessness.

Of that $1 billion, $650 million would go to local governments and regional homelessness agencies to build emergency shelters, provide rental assistance and construct permanent housing, the Times reported. Newsom’s overall state spending plan tallies $213.5 billion.

Los Angeles Mayor Eric Garcetti said earlier this month that he expected the number of homeless Angelenos had increased over the past year. Official results of the annual homelessness count will be announced later this month.

L.A. has struggled to meet homeless housing goals Garcetti set, and his “A Bridge Home” program has been met with protests and resistance in communities around the city.

Developers have reportedly struggled to secure financing for permanent housing projects through the $1.2-billion Measure HHH, a ballot initiative approved in 2016 to address the homeless crisis in L.A.

Newsom has pledged to fight homelessness and increase affordability statewide, and has said he wants developers to build 500,000 homes per year. [LAT]Gregory Cornfield


Related Articles

arrow_forward_ios
701-710 S New Hampshire Ave and Bridge Housing principal Ken Lombard (Google Maps, Bridge Housing)
Nonprofit plans 6-story homeless-affordable complex in Koreatown
Nonprofit plans 6-story homeless-affordable complex in Koreatown
LA wants to buy 128 apartments through Project Homekey
LA wants to buy 128 apartments through Project Homekey
LA wants to buy 128 apartments through Project Homekey
Super 8 Canoga Park (Google Maps)
Los Angeles seeks $30M to buy motels for homeless
Los Angeles seeks $30M to buy motels for homeless
This second-gen developer’s campaign for LA mayor built around end to commercial zoning
This second-gen developer’s campaign for LA mayor built around end to commercial zoning
This second-gen developer’s campaign for LA mayor built around end to commercial zoning
Render of Culver City’s Cold War museum expansion plans (
Culver City’s Cold War museum plans expansion, affordable housing
Culver City’s Cold War museum plans expansion, affordable housing
LA City Council moves on 54 homeless encampments around city
LA City Council moves on 54 homeless encampments around city
LA City Council moves on 54 homeless encampments around city
AHF President Michael Weinstein with the hotel (Getty, Google Maps)
AIDS Healthcare Foundation buys Barclay Hotel in DTLA
AIDS Healthcare Foundation buys Barclay Hotel in DTLA
SDS CEO Deborah La Franchi (SDS, Getty)
Private equity looks to leverage $150M fund for supportive housing for homeless
Private equity looks to leverage $150M fund for supportive housing for homeless
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...