The California housing crisis has led to home values and rents being among the highest in the nation. As a gubernatorial candidate in 2017, Gavin Newosm pledged to help develop 3.5 million new housing units by 2025. Since taking office in 2018, Gov. Newsom has invested $40 billion in affordable housing production, enacted various streamlining bills into law, and championed the creation of a California Department of Housing and Community Development (HCD) Housing Accountability Unit to hold cities and counties accountable to plan and permit their fair share of housing.
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