Everyone in California needs a safe and affordable place to call home. Rents and mortgages within the reach of working families are critical to maintaining California’s business competitiveness. Let’s get California building again.
From California Homes and Jobs Act co-sponsors Housing California and the California Housing Consortium, “SB 391 set the stage for state budget wins for affordable homes.” Read all about it and learn how the campaign is continuing this summer, building power in key districts. It’s in our July 11, 2014, Campaign Update.
SB 391 has advanced further than any other California housing trust fund bill, since 1988. Due to changes in the Senate, the bill is not likely to advance further this year; however, we remain strongly positioned to build upon our successes and come back to win an ongoing source of state investment in homes and jobs. View this special video message from California Homes and Jobs Act author Senator Mark DeSaulnier and get all the details about next steps in in this May 15, 2014, Campaign Update.
- Startling Facts
The California Homes and Jobs Act (SB 391) will:
- Create 29,000 jobs annually, primarily in the beleaguered construction sector.
- Help businesses attract and retain the talent that fuels California’s economy.
- Generate an estimated $500 million in state investment and leverage an additional $2.78 billion in federal, local, and private investment.
- Deploy these dollars throughout California using a successful private/public partnership model, creating jobs and generating revenue for local governments.
- Build safe and affordable apartments and single-family homes for Californians in need, including families, seniors, veterans, people with disabilities, and people experiencing homelessness.
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