Newsom Administration Announces $2.75 Billion Expansion of Homekey
On Thursday, the Newsom Administration announced the next phase of the homeless housing initiative Homekey with the release of $2.75 billion in funds from the 2021 Budget Act. The funding will expand the Homekey program for the purchase and rehabilitation of buildings, including hotels, motels, vacant apartment buildings, tiny homes, and other properties, to convert…
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