California's Housing Shortfall Crisis | Charleston News

California’s housing crisis is hitting a major snag: despite a $24 billion investment over five years and a new $11.3 billion bond push, the state’s only built 500,000 of its 3.5 million promised homes by 2025—leaving a staggering three-million-unit shortfall. Sky-high costs, restrictive zoning, and slow permits are making construction expensive compared to states like Colorado or Texas, while nearly 40,000 approved affordable units sit idle due to a $4 billion funding gap. Money’s flowing—but progress isn’t keeping pace. Listen in comfort:Get a discount on a Soli Pillow: http://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/c21158c1195fd9ca