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California's $100 billion homelessness, affordable housing, proposal progresses

A measure that would spend roughly $100 billion over a decade to address affordable housing and homeless cleared its first legislative hurdle on Wednesday.

Assembly Constitutional Amendment 14 by Assemblymember Buffy Wicks, D-Oakland, would require 5% of the state’s general fund every year for 10 years to fund the development of affordable housing and bolster homelessness services. In an interview with The Center Square, Wicks estimated that 5% of the state’s budget would represent about $10 billion per year based on this year’s state revenue of $200 billion, culminating in $100 billion over ten years.

Wicks told lawmakers on the Assembly Committee on Housing and Community Development that the bill addresses the current lack of ongoing funding for homelessness and affordable housing, leading to a crisis-level problem in the Golden State.

“The state’s lack of significant ongoing investments in new affordable housing and in our homeless response system has led us

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