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Government,
Real Estate/Development

Aug. 16, 2024

Two birds, one executive order: Will Newsom's latest order ease the housing crisis?

Governor Gavin Newsom's latest order promotes housing on undeveloped and underutilized infill sites to help meet the state's housing and climate goals.

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The California housing crisis has led to home values and rents being among the highest in the nation. As a gubernatorial candidate in 2017, Gavin Newsom pledged to help develop 3.5 million new housing units by 2025. Since taking office in 2018, Gov. Newsom has invested $40 billion in affordable housing production, enacted various housing streamlining bills into law, and championed the creation of a California Department of Housing and Community Development (HCD) Housing A...

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