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The Affordable Housing and High Road Jobs Act of 2022 (AB 2011) is a California statute which allows for a CEQA-exempt, ministerial, by-right approval for affordable housing on commercially zoned lands, and also allows such approvals for mixed-income housing along commercial corridors, provided that such housing projects satisfy specific criteria of affordability, labor, and environment and ...
As county leaders move to limit private equity firms from buying up properties, a new report sheds light on the impact of one corporate landlord on San Diego’s housing costs. The analysis ...
The San Diego Housing Commission currently owns 2,221 affordable housing units and plans to expand that number in the future to meet the growing demand. [60] In 2009, the San Diego Housing Commission implemented a finance plan that created 810 more units of affordable rental housing through leveraging the equity of its owned properties.
An earlier law, AB 744 (drafted by Ed Chau, signed by Jerry Brown in 2015), allowed for developers of certain types of affordable housing (housing for seniors, housing for special needs populations, housing for low-income and very-low income people, and mixed-income developments that include a minimum number of affordable units) to build less parking units than required by local zoning ...
Initiatives like the Minneapolis 4D Affordable Housing Incentive, which offers property tax reductions, have also motivated property owners and builders to prioritize low-cost housing.“Cities ...
Non-profit housing developers build affordable housing for individuals under-served by the private market. The non-profit housing sector is composed of community development corporations (CDC) and national and regional non-profit housing organizations whose mission is to provide for the needy, the elderly, working households, and others that the private housing market does not adequately serve.
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