Governors May Revise
Governor Newsom unveiled his revised May budget proposal this morning, which forecasts a budget deficit in the 2023-24 fiscal year of $32.5 billion—an increase from the $22.5 billion budget gap projected in January. In spite of the state’s uncertain fiscal situation, the Governor has committed to maintaining nearly $1.5 billion in critical affordable housing investments […]
Industry Insight — May 2023
This month’s edition of Industry Insight includes:
-A Note from our Executive Director Ray Pearl
-ICYMI
-Legislation Roundup
-Save the Date 2023 Policy Forum
-AH News of the Month
-Federal Update from David Gasson
-CHC Member Spotlight
Federal Update for May 2023 from David Gasson
Happy May. Spring has sprung, baseball season is in full swing (as a Red Sox fan I thank you LA Dodger fans for Justin Turner) and in Washington we are getting excited about the introduction of the new version of the Affordable Housing Credit Improvement Act. For those of you attending the HAG/AHTCC Housing Forum […]
Weekly Update for April 28, 2023
This week in affordable housing news…: State Update: All of CHC’s sponsored bills continue to move in advance of this spring’s policy committee deadlines. In the Senate, two bills advanced out of the Governance and Finance Committee and now move to Appropriations: SB 423 (Wiener), legislation extending SB 35 streamlining ahead of a 2025 expiration date, […]
Weekly Update for April 21, 2023
This week in affordable housing news…: State Update: Labor support continues to grow for CHC’s sponsored bill, SB 423 (Wiener), which earned the endorsement over the last week from two major unions, the California-Nevada Conference of Operating Engineers and the Northern California District Council of Laborers. “Our local unions have long recognized the current housing crisis […]
Weekly Update for April 14, 2023
This week in affordable housing news…: State Update: We need your help to advance CHC’s co-sponsored bills, SB 423 (Wiener), SB 439 (Skinner), SB 440 (Skinner), AB 1307 (Wicks) and AB 1449 (Alvarez). Please take action today by placing your letterhead on each of CHC’s sample support letters and uploading them onto the Legislative Position Letter Portal, and sending copies to our Policy Associate, Jennifer Armenta, at jarmenta@calhsng.org. You can find fact […]
Industry Insight — April 2023
This month’s edition of Industry Insight includes:
-A Note from our Executive Director Ray Pearl
-ICYMI
-Legislation Roundup
-Save the Date 2023 Policy Forum
-AH News of the Month
-Federal Update from David Gasson
-CHC Member Spotlight
Federal Update for April 2023 from David Gasson
Spring is upon us and the pace of activity on the legislative front is exhibiting the energy of those coming out of a cold winter slumber. I realize you, my friends in California, are still experiencing your unusual (maybe not so much anymore) weather trends but in DC the Cherry Blossoms are at their peak […]
Action Alert: Support CHC’s Sponsored Bills
We need your help to advance CHC’s co-sponsored bills, SB 423 (Wiener), SB 439 (Skinner), AB 1307 (Wicks) and AB 1449 (Alvarez). Please take action today by placing your letterhead on each of CHC’s sample support letters and uploading them onto the Legislative Position Letter Portal, and sending copies to our Policy Associate, Jennifer Armenta, at jarmenta@calhsng.org. SB 423 (Wiener): SB 35 Sunset ExtensionThis bill will remove the sunset […]
Weekly Update for March 24, 2023
This week in affordable housing news…: State Update: SB 423 (Wiener), CHC’s co-sponsored bill to extend the sunset on SB 35, advanced out of the Senate Housing Committee this week with a 9-1 vote. The bill passed after a strong showing by supporters including the California Conference of Carpenters and a robust discussion amongst committee members about the bill’s […]