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Assembly hearing spotlights housing production gains even as governor proposes $0 new housing dollars
Summary
The California Department of Housing and Community Development told the Assembly Subcommittee 5 that housing production and permitting timelines have improved, while the administration's January budget proposed no new general‑fund investments in housing production.
The California Department of Housing and Community Development told the Assembly Subcommittee 5 on State Administration that housing production and permitting timelines have improved, while the administration's January budget proposed no new general‑fund investments in housing production.
HCD Chief Deputy Director Zach Olmstead told the committee that annual housing completions rose 13 percent from 2022 to 2023 and that affordable housing commitments made since 2019 total more than 60,000 multifamily units across award, construction and completed stages. He said HCD has active funding rounds, including Homekey Plus under Proposition 1, an affordable housing sustainable communities NOFA, multifamily super NOFAs and a tribal multifamily NOFA.
Why it matters: committee members, led by Chair Assemblymember Ward, pressed HCD and the Department of Finance on the budget choice to propose zero new general‑fund dollars for affordable housing production in the budget year. Members said pauses or cuts in…
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