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LOS ANGELES - California Governor Gavin Newsom announced a $101 million state investment on July 8, 2025, to develop low-income housing on land devastated by the Palisades Fire earlier this year. The January blaze, which razed 6,837 structures across 1,500 acres in Pacific Palisades, has left the affluent community grappling with recovery-and now, a contentious redevelopment plan. The funding, managed by the California Department of Housing and Community Development, targets m...