climate investments

California Targets Housing Crisis with New Affordable Unit Developments

Governor Gavin Newsom announced progress on more than 380 affordable housing units under development across the Bay Area and Coachella Valley, with these projects, supported by California Climate Investments and the state’s Affordable Housing and Sustainable Communities Program, presented as central to California’s broader strategy to expand affordable housing while advancing climate and transit goals.

Newsom Announces $865M for Affordable Housing and Climate Projects

Governor Gavin Newsom announced over $865 million in new housing, transportation, and climate-resilience investments funded by payments from major polluters under California’s cap-and-invest program, which will support thousands of new affordable homes, major green transportation upgrades, and community-level climate resilience projects.