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California spending billions to house homeless in hotels

California spending billions to house homeless in hotels
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California spending billions to house homeless in hotels

California spending billions to house homeless in hotels
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California spending billions to house homeless in hotels

California spending billions to house homeless in hotels
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The Bank of Nova Scotia (BNS) Q2 2021 Earnings Call Transcript

Praise and Pushback for Project Homekey, California s Initiative to Fight Homelessness | Business

California Governor Gavin Newsom, in his third State of the State address on March 9, spoke of, among other issues, Project Homekey, which was launched in July to help solve the critical issue of homelessness, and which “created more than 6,000 new permanent housing units during the pandemic, buying hotels and motels and converting them at a third of the cost of traditional supportive housing.” “We did this cheaper and faster than homeless housing has ever been built in California history,” said Newsom, “literally rewriting the book on how to tackle homelessness.” But the initiative has drawn both praise as an innovative solution that creates immediate housing, as well as concern and pushback from those who say the project does not adequately address the homelessness crisis.

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