Press Releases

SACRAMENTO – An ambitious bond proposal that raises $15 billion in state and federal funding to kick start construction of thousands of affordable housing units and simultaneously create 137,000 jobs won a crucial two-thirds majority approval in the Assembly today.  The bill passed on a 55-20 vote.

SACRAMENTO – A second component of the Senate’s funding package to combat California’s shortage of affordable housing was approved on a two-thirds majority vote today and sent to the Assembly.

“The approval last month of my bill, SB 3, a $3 billion bond proposal to generate more affordable housing units, combined with the today’s passage of SB 2 (Atkins) now forms the most viable package in the Legislature to solve the affordable housing crisis,’’ said Beall, chairman of the Transportation and Housing Committee.

SACRAMENTO – Acquiring the necessary two-thirds majority, Senate Bill 3 won Senate approval today on a 30-9 vote, sending Senator Jim Beall’s proposed $3 billion bond to generate more affordable housing to the Assembly for its consideration.

CAMPBELL – Senator Jim Beall, author of Senate Bill 1 and chairman of the Senate Transportation Committee, issues this statement on the signing of SB 1 today by Governor Brown: