Ensuring homeownership for Californians – both young and old – starts with increasing supply to end our state’s housing availability and affordability crisis.
We can’t afford to wait any longer. It’s time to get serious on supply.
This situation is dire. In a recent survey, 53% of Californians said they were considering moving to another state due to high housing costs. Even worse, a higher share of young people is at risk of leaving California.
We must ask ourselves: where will our children live? If we fail to build more housing, the same California Dream will be out of reach for our kids and future generations.
That’s why, as REALTORS®, we’re proud to champion legislation that increases the supply of housing. This includes policies that increase density in areas near transit and major job centers and hold local governments accountable on their housing goals.
Add your name to urge California’s leaders to support policies that increase the housing supply and end California’s housing crisis. Our children’s future depends on it.
Policies That Increase The Housing Supply
SB 995 (Atkins) CEQA Streamlining for Housing Projects
SB 995 expands existing CEQA streamlining provisions to housing projects that are consistent with the local density, building intensity and zoning requirements. SB 995 will help to expedite housing development while reducing development costs in urban environments.
SB 1085 (Skinner) Density Bonus
SB 1085 will permit developers to apply for a density bonus for any project, regardless of project size, and prohibits local governments from assessing affordable housing fees on the deed restricted affordable units contained within a density bonus application. C.A.R. supports this measure as it seeks to close loopholes in existing law and makes clear that the protections provided in our state’s Housing Accountability Act also apply to density bonus projects.
AB 69 (Ting) Financing Accessory Dwelling Units (ADUs)
AB 69 would establish the Help Homeowners Add New Housing Program to provide financing for homeowners to construct accessory dwelling units (ADU). It can be extremely difficult for homeowners to get a loan from a bank to build an ADU. AB 69 will provide desperately needed financing for homeowners to construct ADUs.
SB 1120 (Atkins) Routine Approval of Duplexes
SB 1120 allows for the routine approval of duplexes and simple lot splits, which makes the approval process easier for property owners who want to build an additional unit on their property. C.A.R. supports SB 1120 because it will create more housing while helping to keep costs down in areas that support small-scale, infill residential development, while meeting community-approved development standards.