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The bill was passed by both houses by August 30, 2022, and signed into law by Governor Gavin Newsom on September 22, 2022. [1] [2] Taking effect on January 1, 2023, California became the second state after Oregon to eliminate parking minimums near public transit.
Repeals the Costa–Hawkins Rental Housing Act of 1995, allowing cities to once again establish their own rent controls on single-family dwellings, condominiums, and residential properties completed after February 1, 1995. [28] 34: Passed
Part 2.5-California Residential Code Part 3-California Electrical Code Part 4-California Mechanical Code Part 5-California Plumbing Code Part 6-California Energy Code (this section is commonly known as “Title 24” in the construction trade) [3] Part 7- Reserved Part 8-California Historical Building Code Part 9-California Fire Code
The Markup spotlights California's inflated real estate market, much of which is due to a software company called RealPage. Landlords are using AI to raise rents—and cities are starting to push back
2021 California Senate Bill 9 (SB 9), [1] titled the California Housing Opportunity and More Efficiency (HOME) Act, is a 2021 California state law which creates a legal process by which owners of certain single-family homes in single-family zoned areas may build or split homes on their property, and prohibits all cities and counties from directly interfering with those who wish to build such ...
To help California residents battle inflation, the state started sending Middle-Class Tax Refund (MCTR) payments early October. However, some residents are still waiting for the one-time payments ...
The 2019 California Energy Code became effective on January 1, 2020. [5] It focuses on such areas such as residential photovoltaic systems, thermal envelope standards and non-residential lighting requirements. Homes built under this code are about 53% more energy efficient than those built to comply with the 2016 Energy Code. [6]
In 2020, EPR's funds from operations as adjusted (FFOAA) per share plunged 74% as the pandemic crushed its tenants. But its FFOAA rose 116% in 2021, 52% in 2022, and 10% in 2023 as those headwinds ...