Gov. Gavin Newsom is allocating more than $100 million in state funds to build affordable homes for victims of the Palisades and Eaton fires. On Tuesday, the day before Los Angeles marked the one-year anniversary of the deadly wildfires, Newsom announced that $107.3 million in state money will be set aside to create 665 affordable rental units that will be offered first to those affected or displaced by the fires, according to Westside Current reporting and The Real Deal’s calculations. The money comes from a Multifamily Finance Super NOFA, or notice of funding of application, issued by the California Department […]
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