{"id":35,"date":"2026-05-07T19:00:21","date_gmt":"2026-05-07T19:00:21","guid":{"rendered":"https:\/\/sacramentomovinghub.com\/?p=35"},"modified":"2026-05-07T19:00:21","modified_gmt":"2026-05-07T19:00:21","slug":"did-newsoms-3-8-billion-hotels-to-housing-program-pay-off","status":"publish","type":"post","link":"https:\/\/sacramentomovinghub.com\/?p=35","title":{"rendered":"Did Newsom\u2019s $3.8 Billion Hotels-to-Housing Program Pay Off?"},"content":{"rendered":"
\n

This story was originally published by CalMatters. Sign up for their newsletters.<\/em><\/p>\n

As COVID-19 tore through California, Jennifer Hark Dietz had a decision to make. The state was making perhaps its biggest push ever to get people off the street, offering up billions of dollars for cities and organizations like hers to turn old motels into new homes.<\/p>\n

Read more Inside California\u2019s Billionaire Tax Fight and the Wide-Open Governor\u2019s Race<\/a><\/p>\n

It was risky. The Homekey program came with up-front cash and a promise to move fast and cut red tape. But it also meant taking on old buildings with little vetting, which had the potential to put a developer in a deep financial hole.<\/p>\n

At first, the gamble paid off. In just a few months, Hark Dietz\u2019s nonprofit, People Assisting The Homeless, was housing people in the old 40-room Hollywood Orchid Suites in Los Angeles. She called it a \u201cshining light\u201d for what seemed possible with the radical new program.<\/p>\n

Read more Primary 2026: Where Can I Drop Off My Ballot \u2014 or Vote Early?<\/a><\/p>\n<\/p>\n

Read more How Prediction Markets are Colliding With California and National Politics<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

The records provide a first-of-its-kind look into how a historical investment in homeless housing played out.<\/p>\n","protected":false},"author":1,"featured_media":34,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-35","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-calmatters"],"yoast_head":"\nDid Newsom\u2019s $3.8 Billion Hotels-to-Housing Program Pay Off? - Sacramento Moving Hub<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/sacramentomovinghub.com\/?p=35\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Did Newsom\u2019s $3.8 Billion Hotels-to-Housing Program Pay Off? - Sacramento Moving Hub\" \/>\n<meta property=\"og:description\" content=\"The records provide a first-of-its-kind look into how a historical investment in homeless housing played out.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/sacramentomovinghub.com\/?p=35\" \/>\n<meta property=\"og:site_name\" content=\"Sacramento Moving Hub\" \/>\n<meta property=\"article:published_time\" content=\"2026-05-07T19:00:21+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/sacramentomovinghub.com\/wp-content\/uploads\/2026\/05\/4694e9e6846d3aea8be0a30f10d69561.jpeg\" \/>\n\t<meta property=\"og:image:width\" content=\"2000\" \/>\n\t<meta property=\"og:image:height\" content=\"1333\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/sacramentomovinghub.com\\\/?p=35#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/sacramentomovinghub.com\\\/?p=35\"},\"author\":{\"name\":\"admin\",\"@id\":\"https:\\\/\\\/sacramentomovinghub.com\\\/#\\\/schema\\\/person\\\/c703763e3a86ce0eba17becb53994618\"},\"headline\":\"Did Newsom\u2019s $3.8 Billion Hotels-to-Housing Program Pay Off?\",\"datePublished\":\"2026-05-07T19:00:21+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/sacramentomovinghub.com\\\/?p=35\"},\"wordCount\":196,\"commentCount\":0,\"image\":{\"@id\":\"https:\\\/\\\/sacramentomovinghub.com\\\/?p=35#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/sacramentomovinghub.com\\\/wp-content\\\/uploads\\\/2026\\\/05\\\/4694e9e6846d3aea8be0a30f10d69561.jpeg\",\"articleSection\":[\"CalMatters\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/sacramentomovinghub.com\\\/?p=35#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/sacramentomovinghub.com\\\/?p=35\",\"url\":\"https:\\\/\\\/sacramentomovinghub.com\\\/?p=35\",\"name\":\"Did Newsom\u2019s $3.8 Billion Hotels-to-Housing Program Pay Off? 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