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Hidden in Trump’s spending package: A surprise boost to California’s affordable housing
housing
Framers work to build the Ruby Street apartments in Castro Valley on Feb. 6, 2024. The construction project is funded by the No Place Like Home bond, which passed in 2018 to create affordable housing for homeless residents experiencing mental health issues (CAMILLE COHEN/CalMatters).
California lawmakers are preparing for a historic surge in federal funding for affordable housing construction, a tsunami of subsidy that advocates say could as much as double the number of low-rent units produced by the state over the next decade.