Doug LaMalfa hosts roundtable in Chico to tackle affordable housing crisis in Northern California

U.S. Rep. Doug LaMalfa hosted a roundtable in Chico, California, with the Federal Home Loan Bank of San Francisco to discuss solutions for the affordable housing crisis in Northern California. The meeting included various stakeholders focused on increasing housing supply and affordability. The Federal Home Loan Bank announced a $7.3 million grant program to support economic development, including a $100,000 grant to the Chico Housing Action Team. This funding will enhance services for those transitioning from homelessness. LaMalfa emphasized the importance of public-private partnerships and regulatory reform to address housing challenges. The roundtable aimed to foster collaboration among community organizations and financial institutions to improve housing stability in the region.