New California Bill To Expand Affordable Housing For Low-Income Families Amidst Increasing Homelessness Rates

A new California bill will expand relief for affordable housing for low-income families amidst the increasing homelessness rates in the state.

California Bill Will Provide More Funding for Low-Income Housing to Combat Homelessness Crisis

With the increasing homelessness rates in the state, a new California bill aims to provide more affordable housing for low-income families, which will greatly help several families, especially from minority groups and other races, to increase their homeownership rates.

According to a report from The New York Times, the California bill will expand the funding of housing voucher programs to help eligible families to access affordable housing amidst the homelessness crisis in the state.

With the new California bill, eligible families will be entitled to receive housing vouchers for affordable housing and to reduce their rents; however, those who already receive the relief will wait another two and a half years to be eligible again.

READ ALSO: Housing Expo Provides Opportunities To Low-Income Families Amidst Decreasing Homeownership Rates Of Minority Groups In Fredericksburg

New California Bill Comes with Three Other Acts Will Provide More Affordable Housing Amidst Homelessness Crisis

The new California bill comes with three other acts detailing the possible housing relief that eligible families will get, including the Housing Crisis Response Act of 2023, which will provide over $150 billion in funding.

The second bill, called the Ending Homelessness Act of 2023, will provide housing for homeless people under a $10 billion budget, and the last one is the Downpayment Toward Equity Act of 2023, which will provide $100 billion in financial assistance for minority groups and BIPOC homebuyers.

READ ALSO: Southern California Woman Struggles With Homelessness As Section 8 Housing Waitlist Persists