Gov. Gavin Newsom wants the tech industry to help pay for new housing. But not for the neediest Californians
Gov. Gavin Newsom said he was asking tech leaders for a lot of money to help stem's the state's affordable housing crisis. But how exactly would that work and what conflicts might arise?
Newsom put forward $2.3 billion in new low-and moderate-income housing and homelessness spending. And he also promised to — for the first time — punish cities and counties that don’t approve enough new homes by threatening to take away their transportation dollars.