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California, epicenter of the nation’s housing crisis, is finally getting a housing agency

CALIFORNIA, UNITED STATES, JUL 11 – California forms a dedicated agency to streamline affordable housing and homelessness programs amid ongoing challenges, with homelessness growth limited to 3% despite national increases of 18%.

  • California has had the highest per capita homeless population in America since 2005.
  • Governor Gavin Newsom promised to build 3.5 million new homes by 2025, but only 650,000 have been permitted.
  • Californians spend over 25% of their monthly income on housing costs.
  • California has experienced deficits for three consecutive years under Newsom's leadership.
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Bloomberg broke the news in United States on Friday, July 11, 2025.
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