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Governor Newsom Signs California Budget Allocating $15 Million for the Coachella Valley’s Housing Catalyst Fund

Governor Newsom Signs California Budget Allocating $15 Million for the Coachella Valley’s Housing Catalyst Fund

The 2022-2023 California budget approved by the state legislature and signed by Governor Gavin Newsom today includes a $15 million allocation for the Coachella Valley’s Housing Catalyst Fund. The investment will help to deliver 2,500 new units of affordable housing in the Coachella Valley over the next 24 months and accelerate the goal of 10,000 units by 2028.