Home AEC California Sends $11.25B Housing Bond to November Ballot, with $5.1B Aimed at Multifamily Development
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California Sends $11.25B Housing Bond to November Ballot, with $5.1B Aimed at Multifamily Development

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Aerial view of Sacramento with Capitol building in the center
Photo by Lukas Souza on Unsplash
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California's governor and legislative leaders have struck a deal to ask voters for $11.25 billion in housing borrowing this November, channeling the single largest share toward the state's primary affordable multifamily development program and reviving a financing pipeline that the development community has watched run dry. Gov. Gavin Newsom, Senate President Pro Tempore Monique Limón […]

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