A Silicon Valley senator is proposing to insure multifamily development loans. Could it help spur more construction?

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A Silicon Valley senator is proposing to insure multifamily development loans. Could it help spur more construction?

siliconvalley.com/2025/05/19/a-silicon-valley-senator-is-proposing-to-insure-multifamily-development-loans-could-it-help-spur-more-construction

With California short of nearly half a million affordable homes and a slew of projects stalled amid adverse market conditions, Sen. Dave Cortese has proposed a bill that would allow the state to use its credit to insure construction and permanent loans for multifamily housing, giving…

This story appeared on siliconvalley.com, 2025-05-20 00:07:18.