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New California Laws Boost Affordable Housing

New California Laws Boost Affordable Housing

BY Realty Plus
Published - Saturday, 26 Oct, 2024
New California Laws Boost Affordable Housing

California’s new housing laws aim to address the state’s housing crisis by promoting higher density and transit-oriented development. According to Planetizen, Assembly Bill 1893 restricts the “Builder’s Remedy” provision, setting new standards for developments while reducing affordability requirements.

AB 2243 expands streamlined approvals for housing projects in malls and near highways, while AB 3093 ensures housing availability for the lowest-income families. Senate Bill 1037 increases penalties for jurisdictions violating state housing regulations, with fines up to $50,000 a month.

Tenant protections have been bolstered by AB 2347, which doubles the time for tenants to respond to eviction notices. AB 2580 limits cities’ ability to use historic designations to impede housing development.

Gov. Gavin Newsom vetoed some bills, including AB 3068, which would have mandated by-right approval for office-to-residential conversions. He cited concerns about labor standard enforcement mechanisms.

These new laws, part of a package of 32 housing-related measures, aim to reduce pressure on the state’s housing supply and promote more sustainable and affordable development.

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