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Key California housing bills enter the home stretch

Source: The Mercury News

As Californians reel from sky-high rents and home prices fueled by the economic boom, state lawmakers return Monday from their summer recess to debate proposals attacking the housing crisis.

In the feverish final four weeks of the legislative session, the Legislature will take up bills to speed permanent housing for the homeless, overhaul zoning rules to allow apartment buildings on more BART parking lots, and create a workaround for millions of California households pinched by a new, $10,000 federal cap on state and local tax deductions.

Many of the bills take aim at what some lawmakers and activists see as a reluctance by cities — particularly some suburbs — to ease the housing crisis by allowing denser development.

One closely watched proposal, which will move to the Senate floor if approved by the Senate appropriations committee, would require cities to allow housing developments on BART’s expansive parking lots.


About Community Real Estate

Community Real Estate is a Real Estate Brokerage committed to provide quality professional services. We are a full service company with in-house lending. We are Realtor®s and HUD approved selling agents. We are expert Short Sales, Listing Agents and Buyers’ Agents. We also specialize in First Time Buyers, Second Homes, Vacation Homes, Investment Homes, Leasing and Rentals, Relocations, Probate sales, Vacant Land sales, Manufacture Homes/Mobile Homes sales, Foreclosures, Distress Properties and REO listings and sales. We support our America’s Heroes. We look forward to meeting you and your needs!
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CA Department of Real Estate Lic.# 01960213
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