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California’s new housing bills are a step toward addressing the state’s affordable housing crisis, but they are not without several deficiencies. There is a distinct lack of state funding for.
California’s new housing bills are about to become law – but not everyone in real estate is happy about it
California’s Governor Brown signed into law a package of bills on September 29, 2017, intended to increase the development of affordable housing. The state is deep in the middle of an affordable housing crisis and has been searching for solutions. Some major California cities passed ordinances in recent years, such as San Francisco’s new density bonus programs, to stimulate affordable.
The 15 bills seek to streamline the housing development approval process, lower the cost of construction, and provide new funding for low-income housing development. California’s new housing bills are a step toward addressing the state’s affordable housing crisis, but they are not without several deficiencies. There is a distinct lack of.
The L.A. Times noted that while S.B. 828 isn’t getting nearly the same attention as Wiener’s other major housing bill, it has the potential to have just as dramatic an impact on housing production is California. S.B. 828 will go before the Senate Housing and Transportation Committee on April 24.
Why Was California’s Radical Housing Bill so Unpopular?. to increase the chances something like it could become law in the near future.. environmentalist agrees that the place to build new.