San José, CA (Sept 16, 2021) — “A critical problem for California companies is the lack of affordable housing for workers. It hampers their capacity to expand and scale their organizations. It undercuts their ability to attract and retain quality talent. Today’s actions by Governor Newsom represents the largest move by any recent administration to not just recognize the severity of the enormous problem this represents but to take action on it. We applaud these steps and look forward to working with the administration on ways to better drive innovation, entrepreneurship, and equity for our Golden State economy.”
About SVLG: Silicon Valley Leadership group is the region’s premier business advocacy organization. Building on four decades of success in championing the solutions that make Silicon Valley the best place to work and live, we promote a policy agenda focused on fostering business competitiveness and the region’s innovation ecosystem. Collectively, SVLG members provide nearly one of every three private sector jobs in Silicon Valley and contribute more than $3 trillion to the worldwide economy each year.