It also includes Universal Basic Income pilot programs.Ĭonfronting Homelessness and the Housing Affordability CrisisĬonfronting homelessness at historic levels: The Governor’s Plan will invest $12 billion to tackle the homelessness crisis, helping more than 65,000 people get off the streets or avoid homelessness altogether. The Plan also includes $2 billion for past-due utility bills and more money than ever for tenant legal assistance.Ĭreating opportunity for Californians who lost their jobs: The Plan provides $1 billion in new grants to workers who lost their jobs during the pandemic, giving California’s workforce critically-needed opportunities to earn and learn, go back to school, or start their own business. The Plan will provide a total of $5.2 billion to help low-income renters pay 100 percent of their back-rent, and all of their rent for several months into the future. Largest statewide renter assistance package in the country: Under Governor Newsom’s Plan, California will offer the strongest renter assistance package of any state in America. Largest small businesses relief program in the nation: The Plan invests an additional $1.5 billion for a total of $4 billion in direct grants to California’s small businesses – on top of a massive $6.2 billion tax cut – putting more money directly into the pockets of hundreds of thousands of small business owners and helping them re-hire workers displaced by the pandemic.
Nearly two-thirds of Californians will now qualify for a stimulus check of $600. Qualified families with dependents, including undocumented families, will be eligible for an additional $500. Two out of every three Californians to get Golden State Stimulus checks: The Plan will create the biggest state tax rebate in American history, including an additional $8.1 billion in stimulus checks – for a total of nearly $12 billion – that will go directly to middle class Californians and families. Immediate Relief for California’s Families and Small Businesses The California Comeback Plan outlines comprehensive strategies and major investments in the following five areas of focus: This is a jumpstart for our local economies, and it’s how we’ll bring California roaring back.” “California’s economic recovery will leave nobody behind, that’s why we’re implementing the nation’s largest state tax rebate and small business relief programs in history, on top of unprecedented investments we’re making to address California’s most persistent challenges. “Every Californian has been impacted by this pandemic, and the sacrifices we’ve all made this past year have resulted in a historic surplus – I’m here to announce that we’re investing it in you,” said Governor Newsom. Combating wildfires and tackling climate change.Building infrastructure for the next century.
Transforming public schools into gateways for opportunity.Confronting the homelessness and housing affordability crisis.
Providing immediate relief for those hit hardest by the COVID-19 pandemic.The California Comeback Plan has one goal: hit fast forward on our state’s recovery by directly confronting California’s most stubborn challenges: SACRAMENTO – California Governor Gavin Newsom today presented his $100 billion California Comeback Plan, the biggest economic recovery package in California history. The Governor’s Plan outlines comprehensive strategies and major investments in key areas so that California can come roaring back from the pandemic. Proposes major new initiatives and investments to confront: Homelessness and housing affordability disparities in education aging infrastructure and wildfires and climate change Provides immediate relief to two-thirds of Californians with Golden State Stimulus checks unprecedented support for small business A comprehensive plan to attack California’s most persistent challenges