In September, 2021, two days after his recall victory, Governor Gavin Newsom signed SB9 as part of a 24 bill package intended to address housing supply and affordability..Legislation to change housing policy statewide is an ongoing thrust and highly contentious. Can recent and future Sacramento legislation deliver a lot more housing and improve affordability? What are the consequences — good and bad?
Every eight years the state assesses how much housing California needs. This cycle, the assessments doubled and, in some cases, tripled for cities across the state. Palo Alto will be required to build more than 6,000 housing units between 2023 and 2031. Housing is not just a California issue. What’s really causing our housing prices to be so unaffordable?
This year, ABAG, as a tool of the state Housing and Community Development (HCD) agency, is rolling out the 8-year housing quotas. The state’s overall goal for the 9-counties and 101 Bay Area cities has more than doubled. HCD is mandating 441,000 new homes or apartments in the 2023-2031 cycle. Marin is expected to add 14,405 new units.
On Fox News the ‘Tucker Carlson Tonight’ host criticized California Gov. Gavin Newsom for signing a bill that essentially meant ‘demolishing homes to put up rental units’.
Last year, Gavin Newsom signed 18 separate housing bills. Did they work? No, not at all.