Just in time for Christmas, the Newsom administration has prepared to dole out more than $500 million to build affordable housing, playing Santa to projects that promise to shelter low-wage school employees, veterans, farmworkers, people living on the street and other poor and middle-income Californians.
Like sleepless children on Christmas Eve, nonprofit developers across California are impatiently waiting to find out who will receive a cut. But everyone already knows that most will be left with empty stockings.
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