Governor Newsom Proposes 2021-22 State Budget

The Governor has just released his 2021-2022 Budget. Attached is a press release with high level details on this proposal and a few highlights. To read the detailed Full Budget Summary, click on the button below.

Note that housing and homelessness remain two of the Governor’s priorities again this year, along with a broad focus on COVID 19 recovery. 

Of interest related to housing, the budget proposes:

  • Resources to create a new Housing Accountability Unit within HCD to monitor and enforce existing housing production laws and additional funding for local technical assistance to meet planning and zoning requirements. 
  • An extension of COVID-19 tenant protections set to expire at the end of this month. 
  • Additional funding for the Infill Infrastructure Grant Program and Low-Income Housing Tax Credits. 

The 2021-2022 also provides new funding to support wildfire mitigation, support for transportation infrastructure and zero emission vehicle infrastructure. 

Over the next few months, draft budget trailer bill language to implement specifics in the proposed budget will be published online and budget subcommittees will begin to hold hearings on these proposals. The Governor will offer a revision to the proposed budget in mid-May and then the final budget must be passed by June 15. Budget trailer bills must be passed by the end of session on September 10. Note that some of the proposed items, such as the extension of COVID-19 tenant protections and affordable housing funds, are designated for early action and may be voted on as soon as later this month.