What a difference $1 billion makes.

An estimated 3,800 more college students will soon have affordable campus housing after state lawmakers and Gov. Gavin Newsom agreed to pump a portion of California’s $300 billion budget into a student program to ease a residential crisis gripping the state’s public universities and community colleges.

All told, $1.4 billion is heading to 26 public campuses this year to build or expand dorms, a tripling of the original plan to send $470 million to just nine campuses. Once the structures are complete — some of which are scheduled to open in two years — about 7,300 students will have access to beds at ultra-low rents.

Recommended for you