California’s new housing bills are about to become law — but not everyone in real estate is happy about it

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California affordable housing bills get their final sign-off. signed into law a package of bills aimed at tackling California’s affordable housing crisis.. (Home and commercial real estate.

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At no time in recent history has the California Legislature passed more housing-related bills than it did late last month. On September 29, 2017, Governor Jerry Brown signed a package of 15 housing bills intended to bring some relief to the State’s current housing crisis. This effort should be viewed as a first step in correcting a number of impediments to producing adequate housing, but.

In Ventura and cities across California, new housing laws raise concerns In the past, cities would allow for different housing and the market determined what would go up. Now, California wants to.

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California’s Governor Brown signed into law a package of bills on September 29, 2017, intended to increase the development of affordable housing. The state is deep in the middle of an affordable housing crisis and has been searching for solutions. Some major California cities passed ordinances in recent years, such as San Francisco’s new density bonus programs, to stimulate affordable.

Compounding California’s affordable housing crisis is the fact that over the past decade, only 311,000 new housing units have been constructed-this in a state that now has 40 million residents. And, to exacerbate the problem, the vast majority of those new units are high-end housing targeted at the state’s upper-income residents.

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