09/28/2020 | Press release | Distributed by Public on 09/29/2020 01:07
SACRAMENTO, CA - Governor Newsom today signed a bill by Senator Susan Rubio (D-Baldwin Park) that addresses the San Gabriel Valley's affordable housing shortage and homeless crisis.
Senate Bill 1212 strengthens the San Gabriel Valley Regional Housing Trust by making three changes to the board. First, it will guarantee continuity of experience by staggering the two-year terms of board members. Second, it will expand housing and homelessness expertise on the board. Third, it will ensure board decisions are equitable by requiring city representatives on the board be from different cities.
'The San Gabriel Valley Regional Housing Trust creates a financial model to increase building and affordable housing and can serve as an example for other regions across the state,' Senator Rubio said. 'I am pleased that Governor Newsom is supportive of our efforts and recognizes the San Gabriel Valley as a leader on this important issue.'
'We thank Senator Rubio for being an affordable housing champion,' said Jed Leano, chair of the San Gabriel Valley Regional Housing Trust and a councilmember for the City of Claremont. 'Her vision and leadership has allowed us to support several ready-to-build projects in multiple cities.'
In 2019, Sen. Rubio partnered with the San Gabriel Valley Council of Governments (SGVCOG) to author SB 751, which created the Trust and allows communities within the COG's jurisdiction to fund housing to assist the homeless and persons of extremely low, very low, and low income across the San Gabriel Valley.