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Governor Gavin Newsom responded with plans to expedite rebuilding efforts and create more affordable housing options for those displaced. California allocated around $101 million to jumpstart multifamily low-income housing projects, aiming to provide safe, affordable homes for residents rebuilding their lives after the fires.
The Proposed Legislation: Senate Bill 549
Senate Bill 549 introduces a new framework allowing the establishment of a resilient rebuilding authority. This authority would be empowered to purchase lots where homes have been destroyed and develop low-income housing on them—potentially up to 40% of the affected parcels.