Legislation Addresses Local Permitting Delays, Financing Gaps for Taller Buildings For too long, the economics of building high-rise housing in California’s downtowns simply haven’t worked. AB 2074 changes that. SAN DIEGO – California’s seven largest and most transit-rich cities could…
SB 79 Is on Track: What HCD’s New Advisory Memo Means
Big picture: HCD has provided new clarity, and we are full steam ahead on SB 79 implementation. HCD just released a new advisory memo to help California’s Metropolitan Planning Organizations map SB 79’s coverage in the state’s 4 major metros.…
Bloomberg CityLab: Will the YIMBY ‘Holy Grail’ Deliver an LA Building Boom?
The Argument: Have you heard the good news on housing?
Governing Magazine: YIMBYs Hit a Milestone in California. What’s Next?
Newsweek: Gavin Newsom Announces Change for California’s House Building
The Economist: California tries to fix its housing mess
LA Times: Newsom signs historic housing bill to bring density to transit hubs
The Legal Trap That’s Making California Condos Unaffordable—And It’s Not What You Think
California’s construction defect liability system (the legal rules that let people sue builders for problems with new buildings) is adding up to $18,300 per unit to the costs of condominiums. What was supposed to protect consumers has become a barrier…
What Would SB 79 Mean for Los Angeles?
How is Los Angeles doing on housing affordability? Not good. The median home price in Los Angeles is now $930,622. That’s over 11 times the median household income – meaning the typical Los Angeles family does not have a path…