ACT NOW: Tell your State Legislature to invest more into affordable homes 

The Governor announced that the state has a $97 billion-dollar projected surplus – up over $50 billion dollars from January’s projected surplus of $45.7 billion. Of the $97 billion surplus, $49.2 billion is marked for discretionary use.

With the state possessing a nearly $100 billion surplus, we firmly believe that the overall proposed $2.5 billion investment in affordable housing and homelessness solutions is a missed opportunity to put people and communities first and to respond, at scale, to the state’s affordable housing needs.

Join HLC, the Nonprofit Housing Association of Norther California (NPH), and our housing allies in asking your State Legislature for:

• $5 billion in aggregate for the Multifamily Housing Program and the California Housing Accelerator Program. These budget allocations would invest in the next wave of state affordable housing projects and allow projects that already received partial funding to move to construction.
• $500 million for a permanent extension of the state Low-Income Housing Tax Credits (LIHTC). The state LIHTC are critical to development in California, especially considering the oversubscription of federal tax credits. This will help our members plan for development in the long-term and support California’s affordable housing production program.

Get our support in reaching out to your State Legislature, sign up and someone from our organization will reach out to help! 

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