There is much to question about a Housing Bond which will cost $48B in total debt service, yet
yield only $16B in proceeds for housing. At an average of $178K per unit, what will be built are
not Homes, but Corporate Rental Apartments, owned by wealthy investors who can benefit from
the 9% investment tax credit, and depreciation writeoff. And this Bond would continue a trend to institutional ownership of housing, not unlike the Mining and Mill towns of the 19th century.
How do you lie in plain sight and make it seem real? You pretend you have a problem, put a LARGE number to it and then use the State government to control the process.
This is a scam for developers and unions to make money at the cost of taxpayers. The Bay Area is looking to put a $20 billion bond on the November ballot—that is $40 billion including interest. We are told that San Fran, which is losing population MUST build.
On April 22, a Los Angeles County Superior Court judge ruled Senate Bill 9 unconstitutional for five “charter law” cities.
This court ruling signals an opportunity for more California cities to follow the lead of the five courageous “charter law” cities who stood up against state overreach. The 150 state laws that erode local democracy have not and will not make housing more affordable for those who need it most.
For the last two years the “builder’s remedy” has been the unruly teenager of California housing laws.
Now, some of California’s most powerful Democratic lawmakers are pushing legislation that would clear up, but also rein in, the state’s most controversial housing statute. Nearly a year and a half since a developer first used the law to propose a zoning-code-blowing project, 2024 may be the year that the builder’s remedy grows up.
“The goal is to densify every town in the state. To densify it so that’d be walking around, not driving. In some places, it doesn’t work. But this whole policy has been applied as “one size fits all” with no complaining.”
Siyamak sits down with Amy Kalish, with https://citizenmarin.org/. She’s been studying what the Housing Mandates are for different cities in California. Amy’s going to tell us what’s happening with California communities.
by Ruth Dusseault and Bay City News Service
March 22, 2024
California’s attorney general may be getting more muscle to discipline local governments that have violated state housing law via a new bill that would allow fines to be levied more quickly.
Under Senate Bill 1037, announced Wednesday by Attorney General Rob Bonta and state Sen. Scott Wiener, D-San Francisco, the attorney general could seek new penalties to be assessed from the date of a violation.
A weekly Zoom call to talk about housing legislation and strategies to preserve local control. Bring your questions and ideas. Informal networking, announcements, and updates. PLEASE NOTE: You have to register in advance the first time to get the new Zoom link. After registering, you will receive a confirmation email containing information about joining the meeting. The Zoom link will work for the rest of the year. REGISTER
A weekly Zoom call to talk about housing legislation and strategies to preserve local control. Bring your questions and ideas. Informal networking, announcements, and updates. PLEASE NOTE: You have to register in advance the first time to get the new Zoom link. After registering, you will receive a confirmation email containing information about joining the meeting. The Zoom link will work for the rest of the year. REGISTER
A weekly Zoom call to talk about housing legislation and strategies to preserve local control. Bring your questions and ideas. Informal networking, announcements, and updates. PLEASE NOTE: You have to register in advance the first time to get the new Zoom link. After registering, you will receive a confirmation email containing information about joining the meeting. The Zoom link will work for the rest of the year. REGISTER
A weekly Zoom call to talk about housing legislation and strategies to preserve local control. Bring your questions and ideas. Informal networking, announcements, and updates. PLEASE NOTE: You have to register in advance the first time to get the new Zoom link. After registering, you will receive a confirmation email containing information about joining the meeting. The Zoom link will work for the rest of the year. REGISTER
A weekly Zoom call to talk about housing legislation and strategies to preserve local control. Bring your questions and ideas. Informal networking, announcements, and updates. PLEASE NOTE: You have to register in advance the first time to get the new Zoom link. After registering, you will receive a confirmation email containing information about joining the meeting. The Zoom link will work for the rest of the year. REGISTER
