Governor Newsom Signs AB 1820 – Building Fee Transparency
Law Will Help Homebuilders Plan, Budget for More Homes
This is about fairness – our cities know how much they will charge builders for new homes; builders deserve to know, too
SACRAMENTO – Today, California Governor Gavin Newsom signed into law AB 1820, a bill introduced by Assemblymembers Schiavo and Grayson and co-sponsored by California YIMBY, the California Building Industry Association (CBIA), and SPUR. The bill requires cities to provide an estimate of the impact fees they will charge for proposed new housing when builders submit their permit application.
California YIMBY CEO Brian Hanlon offered the following statement in response to the Governor’s signature:
“By signing AB 1820 into law, Governor Newsom is paving a path to a more transparent, fair process for building new homes in California,” Hanlon said. “Every jurisdiction in the state charges impact fees for new homes, but they often fail to tell builders what those fees will be up front. AB 1820 will make the process more fair and transparent by making cities and local jurisdictions tell home builders how much these fees will cost at the beginning of the building permit process.”
“I want to especially thank Assemblymembers Schiavo and Grayson for their focus on this complex but critical issue, and for their continued leadership on housing in the state legislature.”
Learn more: https://cayimby.org/legislation/ab-1820/