Newsom Signs California ‘Stable Affordable Housing Act’

Newsom Signs California ‘Stable Affordable Housing Act’
An apartment building in Santa Ana, Calif., on Sept. 20, 2021. John Fredricks/The Epoch Times
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California is pushing for more publicly subsidized housing, or what state leaders and lawmakers call “social housing,” with a new law approved by Gov. Gavin Newsom Oct. 7 that will direct the state’s housing department to study and devise a plan to scale up such housing stock statewide.

Senate Bill 555, authored by Sen. Aisha Wahab (D-Fremont), directs California’s Department of Housing and Community Development to begin a study by the end of 2026, analyzing ways to streamline affordable housing for middle- and lower-income families in California.