California’s New Housing Push

California just passed a bold new housing bill aimed at solving its crippling shortage by forcing big cities to reserve downtown land near transit for high-density housing—think train stations and bus stops. With bipartisan support, the bill now heads to the Senate and could unlock millions of new units through a state-backed loan fund covering up to 30% of costs. Supporters say this is the smartest way to build affordable homes where transit already exists, boosting local economies. But critics warn it could misuse taxpayer money and prioritize luxury housing over truly affordable units—especially as California faces budget deficits and a housing gap of millions of missing units. 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/4a3b0974312615dc