California Governor Orders Streamlining Housing Development Using Federal Funds

California Gov. Gavin Newsom signed an executive order demanding the state streamline housing development and determine how to use federal climate change funding towards housing as a climate mitigation element. Housing experts note that Newsom’s suggestions could reduce the cost of building housing by as much as 30%. Newsom’s directive orients building housing as an element of achieving the state’s climate change goals, which he says should enable the use of federal climate funding towards housing production.