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Smart Investments

Treasurer Angelides' Smart Investments initiative has directed over $24 billion in financing from a variety of state programs into inner-cities and urban communities, helping to promote economic growth in struggling parts of the state while at the same time reducing growth pressures on the urban fringe and reducing commutes and air pollution. Under the Treasurer's initiative, the award of funding for a variety of purposes - from affordable housing to business expansion - now takes into account sustainable development goals, such as energy efficiency, location in community revitalization areas, and proximity to transit, schools, and parks.