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Despite Limited Success for Housing Bills in the 2020 Legislative Session, 2021 Should Present Opportunities For Developers | Allen Matkins

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For the past five years or so, two words have become commonplace in Sacramento and throughout California: “housing crisis.” Everyone seems to acknowledge that we have one. Most people agree that we should try to address it. Few seem to agree on how. The 2020 legislative session, like several before it, began with promise. Governor Newsom has proclaimed his support for lofty goals in terms of unit production. Democrats and Republicans alike seem to agree that the cost of housing is crippling the state, contributing to the homelessness problem, hindering economic growth, and causing homegrown companies to move or consider moving to lower-cost states. However, with COVID-19 and emergency measures taking center stage, many housing bills ended up on the cutting room floor. One bill that did make it through, AB 2345, is modeled after a successful program already implemented in San Diego that increased housing productio ....

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California Housing: AB 2345 Opportunities for Developers

Despite Limited Success for Housing Bills in the 2020 Legislative Session, 2021 Should Present Opportunities For Developers
Tuesday, December 22, 2020
For the past five years or so, two words have become commonplace in Sacramento and throughout California: “housing crisis.” Everyone seems to acknowledge that we have one. Most people agree that we should try to address it. Few seem to agree on how. The 2020 legislative session, like several before it, began with promise. Governor Newsom has proclaimed his support for lofty goals in terms of unit production. Democrats and Republicans alike seem to agree that the cost of housing is crippling the state, contributing to the homelessness problem, hindering economic growth, and causing homegrown companies to move or consider moving to lower-cost states. However, with COVID-19 and emergency measures taking center stage, many housing bills ended up on the cutting room floor. One bill that did make it through, AB 23 ....

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