The 2024-25 Budget: Overview of the Spending Plan

Sep 6, 2024 - Housing and Homelessness Eliminates Most Remaining One ‑Time Funding for Housing. Previously enacted budgets authorized significant, albeit primarily one ‑time and temporary, funding for housing and homelessness, including authorizing some spending actions for 2024 ‑25.
https://lao.ca.gov/Publications/Report/4922

The 2025-26 Budget: Undertaking Fiscal Oversight

Feb 24, 2025 - While a few programs, like the Homeless Housing, Assistance and Prevention Grant Program, have dashboards providing program metrics, often this information is not centrally collected. As such, the Legislature typically must rely on the administration to collect and provide data on program delivery and other initiatives.
https://lao.ca.gov/Publications/Report/4983

The 2019-20 May Revision: Opportunity Zones

May 11, 2019 - Some of these programs support building of new affordably priced housing by providing direct financial assistance —typically tax credits, grants, or low-cost loans —to housing developers for the construction of new housing.
https://lao.ca.gov/Publications/Report/4038

The 2019-20 May Revision: Opportunity Zones [Publication Details]

May 11, 2019 - The Governor proposes to allow state tax benefits for investments in alternative energy or affordable housing in communities designated as Opportunity Zones under a new federal program.
https://lao.ca.gov/Publications/Detail/4038

Rethinking California's Reserve Policy

Apr 10, 2025 - For example, the cash in this account could be used to make loans to support infrastructure and housing. Loans from the fund could be actively managed to keep liquidity relatively high while managing downside risk.
https://lao.ca.gov/Publications/Report/5028

The 2024-25 Budget: Overview of the Governor's Budget

Jan 13, 2024 - The 2024-25 Budget: Overview of the Governor's Budget $3,135 $4,677 BCH = Secretary for Business, Consumer Services, and Housing Agency; HHAPP = Homeless Housing, Assistance, and Prevention Program; FHC = Family Homelessness Challenge Grants; BSCC  =  Board of State and Community Corrections; CalFire = California Department of Forestry and Fire Protection;
https://lao.ca.gov/Publications/Report/4825/1

The 2023-24 Budget: Overview of the Spending Plan (Final Version)

Oct 16, 2023 - Finally, the 2023 ‑24 budget authorizes an increase of $100  million in one ‑time General Fund spending for HCD ’s Multi ‑Family Housing Program and continues the recent practice of providing an additional $500  million for the state Low ‑Income Housing Tax Credit Program.
https://lao.ca.gov/Publications/Report/4788

The 2023-24 Budget: Overview of the Spending Plan (Final Version)

Oct 16, 2023 - Appendix 4, Figure 4 Remaining Large One ‑Time and Temporary Augmentations From the 2021 ‑22 and 2022 ‑23 Budget Packages: Housing and Homelessness General Fund (In millions) Homeless Housing, Assistance, and Prevention Program (HHAPP) $1,100 Veteran Housing and Homeless Prevention Program 50 $345 $100 a By the time the HHAPP costs are incurred, the program will have transferred to from BCSH Agency to HCD.
https://lao.ca.gov/Publications/Report/4788/4

The 2022-23 Budget: Overview of the Spending Plan

Oct 12, 2022 - Housing and Homelessness Significant Funding Largely Continues Existing Efforts. In addition to the $9  billion for housing and homelessness programs provided in the budget last year, the 2022 ‑23 budget authorizes an additional $4.8  billion General Fund over three years to nearly 20 major housing and homelessness programs within the Business,
https://lao.ca.gov/Publications/Report/4616

The 2023-24 Budget: Considering Inflation's Effects on State Programs

Nov 16, 2022 - In a higher inflationary environment, longer delays also can lead to higher housing development costs, further reducing housing production. In other examples, state departments have held positions open as a way of managing higher costs without additional spending authority.
https://lao.ca.gov/Publications/Report/4647