California awards $414 million to build more than 2,000 affordable homes
SACRAMENTO, Calif. — California will build 2,099 new homes across 16 counties through a $414 million funding package announced by the state’s Department of Housing and Community Development, with nearly all units designated for low-income residents as part of Gov. Gavin Newsom’s strategy to address housing affordability and homelessness. The funding allocation reserves 2,068 homes for residents earning between 30% and 80% of their area’s median income. Of these units, 794 will serve extremely low-income Californians who earn up to 30% of the Area Median Income, 866 will house families earning between 31% and 50% of the median, and 408
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