The 2025-26 California Spending Plan: Housing, Homelessness and Local Government

Oct 22, 2025 - Fee revenue is to b e deposited into a fund administered by HCD and used to fund VMT-reducing projects such as affordable housing near transit stops. The Governor ’s Office of Land Use and Climate Innovation is required by July 2026 to issue initial guidance for this new program, including providing details such as the methodologies for determining the amount of the fee and estimating the anticipated reduction in VMT resulting from payment of the fee.
https://lao.ca.gov/Publications/Report/5082

The 2022-23 Budget: The Governor's Housing Plan

Feb 14, 2022 - Revenue from quarterly cap‑and‑trade auctions is deposited into the GGRF, and the funds are allocated to various climate‑related programs. The auction proceeds are a very volatile revenue source, which makes predicting the annual amount going to AHSC difficult.
https://lao.ca.gov/Publications/Report/4535

Climate Change Impacts Across California - Housing

Apr 5, 2022 - Given the magnitude of climate change ’s impact on housing, the Legislature likely will need to take a comprehensive approach that addresses the problem from multiple angles, while also keeping in mind the importance of promoting housing affordability.
https://lao.ca.gov/Publications/Report/4584