California's new governor is giving local governments more time to comply with state-mandated housing targets.
"In his first week in office, Gov. Gavin Newsom sent a strong warning to cities and counties: He was coming for their road repair dollars if they didn’t meet state goals for new housing.," according to an article by Liam Dillon.
"Two months later, Newsom is setting aside plans to withhold state transportation dollars from local governments for four years." The article includes more details about how the governor intends to inspire local governments to produce more housing now that he's dialed back the rhetoric.
Governor Newsom delivered the news about the change in policy direction while announcing a new bill that would provide "$750 million in new funding for cities and counties to plan for increased housing production and then receive financial rewards as new building occurs," reports Dillon.
For more information on how California's housing policies are evolving under a new generation of political leadership, see an article from earlier this week by Planetizen Correspondent Irvin Dawid.
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