In an effort to address the ongoing California housing crisis and exorbitant development costs, the 2022 Legislative Season saw the introduction of approximately 40 housing-related bills, resulting in the passage of various laws intended to spur greater housing production and affordability. Below are a list of those bills that passed, which affect (i) regional housing finance agencies and housing finance, (ii) streamlining housing approvals, (iii) adaptive reuse in commercial zones, (iv) homeownership and tenant protections, (v) housing, transportation and infrastructure, (vi) surplus and excess land, and (vii) land use, planning and housing element law. Unless otherwise noted below, a majority of these laws became effective on January 1, 2023.
Click here to read more.
The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.