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California governor unveils $12bn plan to tackle 'unacceptable' homelessness crisis | California

Newsom, who faces a recall election this year, also proposed spending $3.5bn on rental subsidies, new housing and shelter with the aim of ending family homelessness within five years. The effort would help families with minors avoid losing their homes in the first place or help them get sheltered without spending days, weeks or months on a waitlist.
The nationâs most populous state has an estimated 161,000 people experiencing homelessness, more than any other state. Advocates say they canât house people quickly enough with a shortage of units and high rents.
âAs governor I actually want to get something done. I donât want to talk about this for a decade,â Newsom said in a news conference at a former San Diego Residence Inn that has been converted into housing for 177 previously homeless people. ....

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Newsom's proposal to house California's homelessness comes out to more than $74K per homeless person

California Gov. Gavin Newsom on Tuesday proposed setting set aside roughly $12 billion of a $100 billion pandemic recovery plan to help get homeless people off the street and into public housing. ....

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Chatham Lodging Trust (CLDT) Q4 2020 Earnings Call Transcript

Operator
Greetings and welcome to Chatham Lodging Trust s Fourth Quarter 2020 Financial Results Conference Call. [Operator Instructions] As a reminder, this conference is being recorded.
It is now my pleasure to introduce your host, Chris Daly, owner of Daly Gray, Inc. Thank you. You may begin.
Chris Daly
Investor Relations, DG Public Relations
Thank you, Doug. Good afternoon everyone and welcome to the Chatham Lodging Trust fourth quarter 2020 results conference call.
Please note that many of our comments today are considered forward-looking statements as defined by federal securities laws. These statements are subject to risks and uncertainties both known and unknown as described in our most recent Form 10-K and other SEC filings. All information in this call is as of February 24, 2021, unless otherwise noted, and the company undertakes no obligation to update any forward-looking statement to conform the statement to actual results or changes in the co ....

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