Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search
 

KamaAina

(78,249 posts)
Tue Jun 16, 2015, 04:34 PM Jun 2015

Developers can be required to include affordable housing, California high court rules

http://www.latimes.com/local/lanow/la-me-ln-affordable-housing-20150615-story.html

Citing an affordable housing crisis of “epic proportions,” the California Supreme Court made it easier Monday for cities and counties to require developers to sell some housing at below-market rates.

The unanimous decision, written by Chief Justice Tani Cantil-Sakauye, follows study after study documenting a lack of affordable housing in the state, especially in California’s coastal regions....

The decision clears the way for Los Angeles and other cities to require developers to sell a percentage of the units they build at below-market rates as a condition of a building permit. Developers also could be given the option of paying into a fund for low-cost housing.

“I applaud the California Supreme Court’s decision,” Los Angeles Mayor Eric Garcetti said in a statement. “This gives Los Angeles and other local governments another possible tool to use as we tackle our affordable housing crisis.”


Latest Discussions»Region Forums»California»Developers can be require...