Sacramento, CA – Today, Governor Newsom signed Senate Bill 1177, authored by State Senator Anthony J. Portantino (D – Burbank), into law. SB 1177 creates a regional affordable housing trust between the cities of Pasadena, Burbank, and Glendale. In June, the Senator announced that his budget request to create and fund the regional affordable housing trust had been approved in the 2022-2023 State Budget, allocating $23 million to help finance affordable housing projects created by SB 1177.