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Newsom Proposes $750 Million to Convert Hotels Into Housing for Homeless

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California Gov. Gavin Newsom unveiled Thursday a scaled back plan to address housing and homelessness in California as part of a revised budget that attempts to tackle a projected $54.3 billion deficit brought on by the economic impact of COVID-19.

“We’re going to be dealing with challenges we haven’t faced in some time,” Newsom said.

Under his revised plan, the state will use $750 million, which his office says was procured through a federal relief package, to buy hotels and motels that are now leased through Project Roomkey, a program to house homeless people during the coronavirus pandemic. The state will then turn them over to local governments to transition into permanent supportive housing.

“Purchasing the hotels is really a tremendous opportunity,” said Anya Lawler, a housing policy advocate with the Western Center on Law & Poverty.

What’s gone from the budget is a $1 billion  homelessness fund Newsom originally proposed to pay for rental assistance, support communities to build more affordable housing, and help stabilize board and care homes.

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The economic outlook for housing production remained bleak, according to the state’s finance department. The department predicted shrinking homeownership, a 21% reduction in housing construction permits this year, and a reluctance to build homes during an economic downturn.

— Molly Solomon (@solomonout), Monica Lam (@monicazlam)

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