July 2022
State Makes First Round of Student Housing Grants
General Fund (In Millions)
Grant Awards | Statutory Allotments | |||||
Planninga | Constructiona | Total | Totalb | Remainder | ||
CCC | $17 | $547 | $564 | $1,108 | $544 | |
CSU | 0.3 | 492 | 493 | 655 | 162 | |
UC | 0.3 | 389 | 389 | 437 | 47 | |
Totals | $18 | $1,428 | $1,446c | $2,200 | $754d | |
a Awards for intersegmental projects are distributed to each affected segment. | ||||||
b As calculated by Department of Finance. | ||||||
c Funded from appropriations in 2021-22 ($700 million) and 2022-23 ($746 million). | ||||||
d Consists of $3.9 million remaining in 2022-23 funds and $750 million in 2023-24 funds. |