Posted on April 23, 2021 in
The New York Times published a business cover story by GOLDEN GATES author Conor Dougherty titled “One Way to Get People Off the Streets: Buy Hotels.” Dougherty writes: “[T]he pandemic, which according to a dire early projection could have killed 25,000 homeless people in the state, added two sorely needed ingredients — federal money and an excuse to move fast. With the travel industry hobbled and stimulus money continuing to flow, [California] Gov. Gavin Newsom has since doubled down by creating a program to buy hotels in hopes of creating permanent homeless housing en masse…In a blizzard of transactions that sidestepped many of the local rules that make California one of the nation’s hardest places to build, the state spent $800 million on 94 projects that will become permanent supportive housing, or housing that is paired with on-site social services.” Penguin Press published the book on February 18, 2020.
Read the full article here:
https://www.nytimes.com/2021/04/17/business/california-homeless-hotels…