SACRAMENTO, Calif., June 24 -- The California State Assembly Democratic Caucus issued the following news release:
SACRAMENTO, CA - Assemblymember Mike Fong (D-Alhambra) announced today that his efforts to champion affordable student housing resulted in $350 million being included in the Veterans and Affordable Housing Bond Act of 2026 (SB 417). The funding will support affordable student housing developments across the University of California (UC) and California State University (CSU) systems.
"Across California, students at our UC and CSU campuses continue to be priced out of affordable housing, with many students forced into longer commutes, increased financial stress, and housing insecurity that ultimately undermines their academic su...