… Right now, it’s pretty much impossible to build any substantial number of affordable housing units without federal money. Gov. Gavin Newsom has allocated some state money, but not that much. Supporters are hoping for a $10 billion statewide housing bond in 2026, which would fund 35,000 units. That’s less than what just the city of San Francisco is supposed to build, and a tiny fraction of what the state needs.
It’s clear at this point that, even with the GOP holding a slim margin in Congress, Trump’s budget plans are going to pass. So what are California and San Francisco going to do?… (more)