- NEE INVESTOR NOTICE: Robbins Geller Rudman & Dowd LLP Announces that NextEra Energy, Inc. Investors with Substantial Losses Have Opportunity to Lead the NextEra Energy Class Action Lawsuit
- TalentEarth Studios Partners with Product Signals to Empower Game Development
- New York Komedians Presents an Evening of Laughs at Broadway
Increasing and preserving California's housing supply, including affordable housing, is a top priority for Governor Newsom. The Governor recently signed over 70 housing-related bills and 20 CEQA reform bills to cut red tape and get more housing built, faster. Since taking office, the Newsom Administration has invested $30 billion in housing-related programs with the goal of planning for 2.5 million new homes by 2030, with at least one million of those homes being affordable housing – as required by state law.
The first round of Multifamily Finance Super Notice of Funding Availability (Super NOFA) awards announced in February totaled more than $825 million and launched the development of 9,550 homes in 58 communities across California.
More on The Californer
- SHAREHOLDER ACTION ALERT: The Schall Law Firm Encourages Investors in Funko, Inc. with Losses of $100,000 to Contact the Firm
- Capehart Pops Orchestra Featured Harmonica Soloist C J Oldis Drops First Four Singles Via Streaming
- Live Courageously Podcast Show with John Duffy With Guest Director and Producer Michael Mike
- A Spooktacular Twist: A Company Picnic Unveils Five New Themes for a Halloween Picnic!
- The World's First Credit Card Dedicated to Diamond Ownership
In a statement on the announcement Governor Newsom said: "Despite challenging economic conditions, California is keeping our commitment to spur the development of needed housing in all 58 counties. We'll continue to provide major funding and resources, coupled with strict accountability measures, to tackle the housing shortage that threatens California's growth and long-term prosperity."
The California Department of Housing and Community Development (HCD) is working to reduce barriers that constrain the growth of much-needed multifamily housing by making it easier for developers to apply to four different funding programs in a single application through the Super NOFA. Business, Consumer Services and Housing Agency Secretary Lourdes Castro Ramírez said: "Governor Newsom has been resolute in addressing a housing supply deficit that has been decades in the making, and this new funding will lead to the construction of thousands of climate-friendly homes near economic opportunities."
HCD Director Gustavo Velasquez added: "HCD continues to innovate and collaborate with stakeholders to build more affordable housing faster. This announcement of over $500 million to build multifamily affordable housing demonstrates our commitment to supporting cities and counties in meeting their affordable housing requirements."
The Round 2 Super NOFA application portal opens June 1st with applications due by July 12th at 4:00 p.m PST. Round 2 Super NOFA award announcements are anticipated in Winter 2023.
Filed Under: Government, State
Latest on The Californer
- Long Beach Advancing Peace Hosts Leaders of Violence Prevention Symposium
- Harness Recognized With Highest Scores in CI/CD and Platform Capabilities Evaluation Among Top Integrated Software Delivery Platforms
- Rio Tinto U.S. Borax becomes first open pit mine to transition to renewable diesel
- Pokemon Home Error Code 9012: Comprehensive Troubleshooting Guide to Regain Access
- Calvetta Phair, CEO of America's Workforce Solution, LLC, accepted into the Nasdaq Entrepreneurial Center, 'Milestone Circles' Program
- Lagree Fitness and VersaClimber Partner to Revolutionize the Fitness Industry
- CareTrust REIT Acquires Two Memory Care Facilities with Experienced Operator
- Australian Battery Recycling Technology Startup Advances Its Innovative Battery Metals Recovery Process
- California: What They're Saying: Governor Newsom's Proposals to Build More, Faster
- California: Governor Newsom Announces $16 Million to Support Farmworker Homeownership
- INVESTIGATION ALERT: The Schall Law Firm Announces it is Investigating Claims Against SentinelOne, Inc. and Encourages Investors with Losses to Contact the Firm
- Life360 to Participate in Upcoming Investor Conference
- Long Beach: Community Invited to Provide Input on Updated Subdivision Ordinance
- City Seeks Partners to Support Long Beach Collaboratory Smart City Initiative Program
- bisco industries becomes UL-Registered in Processed Wire
- EPA Clean School Bus Funding Grant Application Assistance Now Available from BYD
- Mix Engineer Rob Chiarelli Continues Billboard Gospel Charts Success with "All Things"
- City of Long Beach Announces Departure of Animal Care Services Bureau Manager Staycee Dains as She Accepts Position as General Manager of Los Angeles Animal Services
- California: Governor Newsom Proclaims LGBTQ+ Pride Month 2023
- Trump Bus Tour sponsored by Legacy PAC will roll into the Georgia GOP State convention June 9th and 10th Columbus Georgia