Buoyed by a large budget surplus and swimming in federal pandemic recovery money, California Gov. Gavin Newsom on Tuesday proposed $12 billion to get more people experiencing homelessness off the streets and into homes of their own. Newsom’s proposal includes $8.75 billion over two years to create an estimated 46,000 housing units, expanding on a program he launched last year to convert motels and other properties into housing. Nearly half the money would go toward housing in places where people with mental health and other behavioral issues can get services onsite. Newsom also proposed spending $3.5 billion on rental subsidies,...