News: Golden State Stimulus

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Gov. Gavin Newsom’s budget blueprint for 2020-21 includes several proposals that could help Californians recover financially from the COVID-19 pandemic. Newsom’s $227.2 billion spending plan, which he submitted to the Legislature this past Friday, would provide financial help to low-income Californians, launch a program to create jobs, and offer tax credits to spur affordable housing construction.

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Gov. Gavin Newsom on Wednesday pushed for the rapid distribution of $2.6 billion in federal rent relief headed to California from the latest COVID-19 economic stimulus package. Newsom’s office said the funds will help both low-income Californians and small-scale landlords struggling financially from the pandemic. Gov. Gavin Newsom The governor Wednesday also proposed a $2.4 billion Golden State Stimulus program that would send $600 to low-income Californians. Newsom also urged lawmakers to extend COVID-19 eviction protections set to expire at the end of this month. With federal rent relief, the U.S. Treasury has until Jan. 26 deadline to distribute the… Read More

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