Gov. Jerry Brown moves to push affordable housing bills through legislature

TRD LOS ANGELES /
Jul.July 21, 2017 05:30 PM
Governor Jerry Brown (Getty Images)

Gov. Jerry Brown’s top priority? Pushing a series of housing bills through the state legislature in August, he announced this week.

Whether the plan will pass is not yet known. The bills would create a new state funding source for low-income developments, introduce a bond measure to subsidize low-income projects and ease regulations for building homes, the Los Angeles Times reported. Brown, Senate President Pro Tem Kevin de León and Assembly Speaker Anthony Rendon are backing the legislation.

While the details are scarce, Assemblyman Rob Bonta said conversations about the package have focused on four parts:

  •  Senate Bill 2, which would charge a $75 fee on real estate transactions to raise $250 million a year for low-income developments
  • Senate Bill 3, which would place a $3 billion housing bond on the 2018 state ballot
  • Senate Bill 35, which would force cities that haven’t met state goals for home building to ease development regulations
  • Placing a larger share of funds raised by cap-and-trade auctions, where businesses pay to pollute, for housing projects

The three bills have passed the Senate and are awaiting a decision in the Assembly, according to the L.A. Times. [LAT] — Subrina Hudson


Related Articles

arrow_forward_ios
Mitch O’Farrell wants this hospital to become housing (Credit: Google Maps and Getty Images)

Gurney housing journey: St. Vincent Medical Center could transform into supportive housing

Welton Jordan of EAH Housing, and the block in South Park where the nonprofit development organization wants to build a 64-unit complex (Credit: Google Maps)

Two affordable housing projects will add 120 units to transformed South Park

14518-14526 Erwin Street (Credit: Google Maps)

Developer wants 71-unit complex to rise in Van Nuys Opportunity Zone

Tenancy in common arrangementsare growing in gentrifying Eastside neighborhoods like Silver Lake, Echo Park and Glassell Park (Credit: iStock)

LA landlords pitch controversial ownership arrangement as rent law kicks in

Monica Rodriguez orchestrated the nixing of a residential project set for the Verdugo Hills Golf Course (Credit: Google Maps, Wikipedia)

The threat of fire doomed this Tujunga resi project. Now the developer will sue

(Credit: Courtesy Santa Fe Art Colony Tenants Association via Los Angeles Magazine and iStock)

Developer sued by DTLA artist collective over rent-restricted building

David Ryu (Credit: Getty Images)

LA becomes 1st city to enact ban on developer money

Adam Shekhter and the 1415 5th Street project

WS Communities boosts affordable housing plans in Santa Monica

arrow_forward_ios
Loading...