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May 12, 2021
As a part of his historic California Comeback Plan, California Gov. Gavin Newsom announced a $12 billion package to combat the state’s homelessness crisis Tuesday. The investment will build on Homekey, a program that provided 36,000 Californians with shelter during the COVID-19 pandemic and created 6,000 affordable housing units. The plan will allocate nearly $9 billion toward more than 46,000 new housing units, according to a press release from the governor’s office. The plan also includes...
May 12, 2021
11 May 2021 California Governor Gavin Newsom unveiled a plan Tuesday to spend $12 billion on homelessness in his state as part of his $100 billion “California Comeback Plan,” promising to solve the problem of “family homelessness” within five years. .@CAgovernor@GavinNewsom is cleaning up trash near Downtown Los Angeles. He’s highlighting new funding efforts to beautify the state in addition to funds to combat homelessness & other issues. pic.twitter.com/506HZo40CJ Newsom’s approac...
May 11, 2021
California has the highest estimated debt of any state, with nearly $363 billion in liabilities in 2019, according to Forbes.
May 11, 2021
Gov. Gavin Newsom announced Monday he’d be expanding the state’s economic stimulus program to middle-income families that make up to $75,000.
May 11, 2021
Print Continue to article content Besides the surplus, California Gov. Gavin Newsom touted $26 billion in direct state aid from the federal stimulus plan that Democrats passed in March. | Jeff Chiu/AP Photo Newsom wants to hand out cash before California recall election The governor embarked on a road show to trumpet the fruits of an astonishing $75.7 billion state surplus thanks to soaring capital gains during the pandemic. OAKLAND — Nothing smooths out political turbulence like having money...
May 11, 2021
First Posted: May 10, 2021 11:52 PM EDT Photo : Justin Sullivan/Getty Images California Governor Gavin Newsom announced his plans to expand direct relief payments that will deliver the second round of $600 stimulus checks. The second round of stimulus checks is intended for middle-class residents, in addition to low-income families, Daily News reported. Gavin Newsom made the announcement in a press conference on Monday. The said plan is an effort of the California government to speed up the ...
May 11, 2021
AP Photo/Rich Pedroncelli California Gov. Gavin Newsom said on Monday the state has an unexpected $75 billion budget surplus. Newsom said he plans on giving the surplus back to residents in the form of stimulus aid and debt relief. The "Golden State Stimulus" may send $600 checks to middle-income people and $500 checks to families with dependents. At the beginning of the pandemic, California Gov. Gavin Newsom predicted his state would end up with a deficit of $54 b...
May 11, 2021
The $12 billion plan to tackle homeless is the largest investment of its kind in the states history, according to the Office of Governor Gavin Newsom. The plan will provide 65,000 residents with housing placements and offer 300,000 people housing stability. It will also create 46,000 new housing units. Newsoms plan is meant to build off the success of Homekey, which provided safe shelter to 36,000 Californians and created 6,000 affordable housing units during the COVID-19 pandemic. “The Ca...
May 11, 2021
“Governor Gaslight” is back. The last time Gavin Newsom sounded even remotely moderate was, when as a new governor, he said there was “no path forward” to Jerry Brown’s $100 billion slow-speed train to some farm in Modesto. Most California voters responded with “duh.” Then, as if by magic, Newsom’s “people” – probably the same operatives he had dinner with at French Laundry – said that no, he was “ Someone needs to be fully committed, alright. “Governor Gaslight” ...
May 11, 2021
Promising a more aggressive approach, Newsom said the massive sum will create nearly 50,000 new homes and permanently keep families off California streets. Speaking to reporters at a renovated hotel in San Diego that now houses dozens of formerly homeless people, California Gov. Gavin Newsom announced a plan to spend $12 billion to solve the Golden State’s homeless crisis. (CN) — With budget negotiations heating up, California Governor Gavin Newsom on Tuesday proposed pulling $12 billion f...