California Pushes $11.25B Housing Bond

California’s Senate is rolling out a massive $11.25 billion housing bond to tackle the state’s housing crisis—building new homes, rehabbing existing ones, and setting aside 10% of new multi-family units as affordable. The plan includes $150 million for former foster youth and homeless young adults, $1.25 billion for veteran homeownership, and targeted funds for tribal, farmworker, and multi-family housing. With voters deciding its fate in November, proponents argue housing remains a top priority—even amid a budget deficit. Support the show:Get a discount at https://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/a47541ab8743766d