SAN FRANCISCO (AP) — California Gov. Gavin Newsom is proposing $12 billion in new funding to get more people experiencing homelessness into housing.

The governor is expected to elaborate on the plan at a media event in San Diego County Tuesday morning after it was announced in a statement.

The nation’s most populous state has an estimated 161,000 people experiencing homelessness, which is more than any other state.

Newsom is a former mayor of San Francisco and took on the state's twin crises of homelessness and affordable housing before the pandemic hit. Newsom's proposal announced Tuesday includes $8.75 billion to convert buildings into 46,000 housing units.