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SB 35 aims to address the California housing shortage by increasing housing supply. The bill was signed into law on September 29, 2017 by Governor Jerry Brown as part of California’s 2017 Housing Package – a set of 15 bills that provide “an injection of new regulatory and financial resources” for cities. [1][2] Scott Wiener introduced ...
www.calhfa.ca.gov. The California Housing Finance Agency (CalHFA), established in 1975, is an independent California state agency within the California Department of Housing and Community Development that makes low-rate housing loans through the sale of taxable and tax exempt bonds. [2][3]
[15]: 1 [16] In 2023, housing affordability in California reached a 16-year low, with only about 16% of homebuyers able to purchase a median-priced single-family home, as per data from the California Association of Realtors. In San Mateo and Santa Clara counties, buyers would require a minimum income of $504,400 and $451,200, respectively, to ...
Religious institutions and nonprofit colleges in California could soon turn their parking lots and other properties into low-income housing to help combat the ongoing homeless crisis, lawmakers ...
The discount was the result of a unique program catering to middle-income earners in a state trying to chip away — project by project, program by program — at its housing crisis.And the legal ...
The Costa–Hawkins Rental Housing Act ("Costa–Hawkins") is a California state law enacted in 1995, placing limits on municipal rent control ordinances. Costa–Hawkins preempts the field in two major ways. [1] First, it prohibits cities from establishing rent control over certain kinds of residential units, such as single-family dwellings ...
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