The money comes from California Climate Investments, which are funded through the state’s cap-and-invest system

California officials approved more than $865 million in funding for affordable housing, transportation projects and climate resilience efforts, with the money drawn from fees paid by large greenhouse gas emitters under the state’s cap-and-invest program.

The funding will support 39 affordable housing developments across 21 communities statewide, totaling thousands of new homes, along with transportation and infrastructure projects intended to reduce emissions and improve access to jobs and services. Los Angeles County is set to receive $185.6 million, largely to rebuild infrastructure damaged by wildfires earlier this year, according to state officials.

The money comes from Ca

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