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

Jan 13, 2024 - Appendix 1, Figure 3 Spending Reductions Proposed in the 2024 ‑25 Governor ’s Budget General Fund (In Millions) Sweep State Operations Funds for HHAPP and FHC Grants — Prescribed fire & hand crews (Wildfire) — Interagency forest data hub (Wildfire) — Compost Permitting Pilot Program (Circular Economy) — Active Transportation Program (Transportation Infrastructure) — Employment Services Intensive
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 2023-24 Budget: Initial Comments on the Governor's May Revision

May 15, 2023 - CARB = California Air Resources Board; BHC= Baldwin Hills Conservancy; CalRecycle = California Department of Resources, Recycling and Recovery; CalFire = California Department of Forestry and Fire Protection; CCC = California Conservation Corps; CNRA = California Natural Resources Agency; CPUC = California Public Utilities Commission; CVC = Coachella Valley Conservancy; DFW = D epartment of Fish
https://lao.ca.gov/Publications/Report/4769/1

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 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

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 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

The 2023-24 Budget: Initial Comments on the Governor's May Revision

May 15, 2023 - For  example, the May Revision retracts the proposed reduction to the Court Appointed Special Advocate program and proposes using an alternative fund source for a portion of the Behavioral Bridge Housing program, rather than a General Fund delay.
https://lao.ca.gov/Publications/Report/4769

The 2023-24 Budget: California's Fiscal Outlook [Publication Details]

Nov 16, 2022 - Update (11/22/22): The original version of this report identified a $25 billion —instead of a $24 billion —budget problem, which reflected an error in the way we accounted for student housing grant program funding.
https://lao.ca.gov/Publications/Detail/4646