California Awards $156 Million Locally to Build 550 Affordable Homes

People walk past a homeless encampment, as the state makes plans to fund more affordable housing, in Los Angeles on Sept. 28, 2023. Mario Tama/Getty Images

A state-funded program aimed at preventing homelessness has been awarded $156.4 million in grants for affordable housing projects across the state, according to a Nov. 7 announcement by Gov. Gavin Newsom.

The funding, for the state’s so-called Project Homekey initiative, will go to 12 projects in Alameda, Los Angeles, Fresno, San Francisco, Monterey, and Riverside counties to build 556 affordable housing units.