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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 ...
The federal government, through its Low-Income Housing Tax Credit program (which in 2012 paid for construction of 90% of all subsidized rental housing in the US), spends $6 billion per year to finance 50,000 low-income rental units annually, with median costs per unit for new construction (2011–2015) ranging from $126,000 in Texas to $326,000 ...
The law amended the 1974 Subdivision Map Act to streamline approvals for more housing on a single parcel of land. The law also amended the Planning and Zoning Law as well as the Starter Home Revitalization Act (AB 803, 2021). The law requires that eligible housing projects must protect existing housing that: is designated for low-income tenants;
Hawaii, Massachusetts, New York and Washington were the next four most expensive states after California, with renters needing to make at least $35 hourly to afford a two-bedroom apartment. In ...
The Social Housing Act would define social housing as all housing owned by a government entity such as the California Housing Authority, a public entity or a local housing authority, and made available to a range of household incomes ranging from extremely low income to above moderate income. It would create the California Housing Authority as ...
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