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 Californias 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 Courts 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.