Sunday, October 9, 2022

Could a new housing law free up more space for affordable housing?

The new law in question does away with certain parking minimums — a frequent demand from local governments when approving a new restaurant or apartment building.

Researchers have long argued these mandates add prohibitive costs to development — and stretch out cities, making driving a necessity.

Supporters argue the new law could eventually translate to more affordable units or, in the case of market rate housing, cheaper rents.

The law, penned by Assemblymember Laura Friedman, a Democrat from Burbank, kicks in on Jan. 1, 2023 and only applies to projects within half a mile from a major transit stop.

But the law could inch California closer to meet both its housing and climate goals, its supporters argue.


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