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May revision proposes no new general fund for homelessness; HAP pipeline and accountability remain central
Summary
Finance and HCD told the committee the May revision includes no new general fund for homelessness in 2025-26 but retains prior appropriations and $760 million in HAP Round 6 is expected to be awarded this summer. Officials said HCD has more than $3.4 billion in active NOFAs and emphasized oversight and equity metrics for grant recipients.
Department of Finance and the Department of Housing and Community Development briefed the subcommittee on the May revision's homelessness proposals and the state's ongoing homelessness program pipeline.
Main points - No new general fund in 2025-26: Megan Tokonaga Block (DOF) said the May revision proposes no new general fund for homelessness programs in 2025-26, though it does not propose reductions to current funding levels. - Existing pipeline and awards: HCD staff noted a large pipeline of funds and the upcoming award schedule. HCD…
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