Housing Policy

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Newsom signs balanced budget with $1.7B locked-in for housing 

Jun 30, 2026By

This time last year, California Gov. Gavin Newsom signed a state budget that included sweeping housing reforms that allowed urban residential developers to avoid rigorous environmental reviews. This year’s budget, which Newsom signed on Monday, does not carry the same historic housing reforms as last year. Instead, it is historic for balancing the budget. “For […]

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