From WSJ
California Gov. Gavin Newsom ....recently put a temporary freeze on $1 billion of state grants for city and county homelessness programs....the measures would have reduced homelessness statewide by 2% between 2020 and 2024
[California has] more than 116,000 residents sleeping on the street on any given night.
California has dedicated some $15 billion toward the issue since the start of the pandemic.
$15 billion / 116,000 = $129,310.34
2% x 116,000 = 2,320. $1 billion / 2,320 = $431,034.48