An affordable housing complex with 123 units in downtown San Jose is one of the first projects to be funded by a new Community Housing Fund announced Wednesday morning.
The fund was launched using $150 million of a $1 billion commitment from Facebook to affordable housing, in addition to $5 million from local nonprofit Destination: Home.
New state Senator Dave Cortese and San Jose Assemblymember Alex Lee both introduced large pieces of legislation on their first day in Sacramento.
On Dec. 7, within hours of beginning his post as representative of California’s Assembly District 25, Lee introduced AB 20, called the Clean Money Act.
Newly sworn-in state Sen. Dave Cortese, D-San Jose, proposed a slate of climate-related bills, including SB30, to require that new state buildings have zero emissions starting in 2022. The bill would also direct the state to divest from projects that are not carbon neutral.