LOS ANGELES — With the addition of new state measures recently signed into law, California and its cities may take on more than $7 billion in new debt to tackle the state’s housing crisis.

And that will not be enough, Gov. Jerry Brown said Sept. 29 when he signed 15 bills aimed at tackling the state’s housing crisis.

Subscribe Now

Independent and authoritative analysis and perspective for the bond buying industry.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.