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Economy

A vibrant illustration depicts numerous stylized houses in shades of teal, blue, and lime green, some with small balconies. A large circular arrow, also in teal and lime green, frames the center, pointing downwards. Inside the circle, yellow text reads "HOUSING" on the left and "COMMUNITY DEVELOPMENT" on the right. The overall image has a textured, slightly grainy appearance.
Illustration by Adriana Heldiz
/
CalMatters; iStock
Aside from giving housing and homelessness its own box atop Gov. Gavin Newsom’s organizational chart, the reorg is supposed to simplify the state’s snarled affordable housing financing system.
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