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California's Housing Crisis: 40,000 Units Stalled, $4.1B Needed

3/10/2026

45 4 Full Breakdown

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Story summary
  • California's affordable housing crisis is worsened by a funding bottleneck, leaving nearly 40,000 units stalled due to insufficient support.
  • The Morris Village project in Modesto seeks 44 affordable units and awaits funding despite zoning approval and local backing.
  • A report says an additional $4.1 billion is needed to clear the backlog.
  • Governor Gavin Newsom's administration is pursuing reforms to streamline funding, but the last major funding boost was in 2018.