Newsom to devote $101 million to jumpstart rebuilding efforts after LA fires

California Gov. Gavin Newsom (D) announced $101 million in new funding designated to help rebuild multifamily rental affordable housing in areas of Los Angeles that were destroyed six months ago by the wildfires.

The California Department of Housing and Community Development (HUD) is releasing the funding through an existing program with the goal of “expediting and expanding opportunities to build affordable housing for low-income residents,” according to Tomiquia Moss, secretary of the California Business...