California Gov. Gavin Newsom has often touted Homekey as one of his administration’s most ambitious attempts to tackle the state’s notorious homelessness and housing crisis. But the $3.8 billion initiative the Democratic governor launched in 2020 is plagued with a lack of oversight and thousands of homes that still haven’t been finished, according to a damning investigation by CalMatters published Thursday. Homekey involved giving money to local governments so that they could convert motels and