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Newsom to devote $101 million to jumpstart rebuilding efforts after LA fires
PALISADES COMMUNITY, LOS ANGELES, CALIFORNIA, JUL 9 – The $101 million funding targets fire-resilient multifamily housing prioritizing wildfire victims and vulnerable groups, supporting transit-oriented development near burn areas, officials said.
- California Governor Gavin Newsom unveiled $101 million on Tuesday to accelerate rebuilding multifamily low-income housing after the 2025 Los Angeles County wildfires.
- This announcement follows six months since destructive wildfires hit the region and a pending $40 billion federal wildfire aid request from Newsom awaiting federal action.
- The funding prioritizes projects near fire perimeters, requiring at least 40% of units for homeless or institutionalized individuals, plus density bonuses for transit-oriented developments.
- Rep. Brad Sherman stressed that support for displaced California homeowners is essential, highlighting that federal aid must not exclude the state despite ongoing political disagreements.
- The funding aims to speed affordable housing rebuilds and reflects bipartisan calls to support all Americans affected by disasters regardless of political affiliations.
53 Articles
53 Articles
Newsom unveils $101M to build Palisades low-income housing - Washington Examiner
(The Center Square) — Six months after the devastating Palisades and Eaton fires, California Gov. Gavin Newsom unveiled $101 million in funding Tuesday for “multifamily low-income housing development” that will “contribute to a more equitable and resilient Los Angeles.” The priority is for “geographic proximity to the fire perimeters of the Eaton, Hughes, and Palisades fires.” Earlier this year, The Center Square broke news that California stat…
Governor Newsom commits $101 million to jumpstart critical rebuilding efforts after LA Fires (The Office of the Governor of the State of California)
) What you need to know: The $101 million being made available today will support the development of affordable multifamily rental housing in Los Angeles, prioritizing the needs of displaced residents in the fire-devastated regions. Los Angeles, California - Six months after the LA Fires, Governor Gavin Newsom and the California Department of Housing and Community Development (HCD) announced the release of $101 million to help rapidly rebuild cri
Newsom to devote $101 million to jumpstart rebuilding efforts after LA fires
California Gov. Gavin Newsom (D) announced $101 million in new funding designated to help rebuild multifamily rental affordable housing in areas of Los Angeles that were destroyed six months ago by the wildfires. The California Department of Housing and Community Development (HUD) is releasing the funding through an existing program with the goal of “expediting…
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