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1   tovarichpeter   2019 Apr 4, 9:48am  

(From Press Release) – Today, Senator Scott Wiener’s (D-San Francisco) Senate Bill 50 — the More HOMES Act (Housing, Opportunity, Mobility, Equity, and Stability) — cleared its first committee, the Senate Housing Committee, with a vote of 9-1. It will now head for a hearing in the Senate Governance and Finance Committee in the coming weeks. SB 50 creates new zoning standards for the construction of housing near job centers and public transportation, while protecting against the displacement of renters and vulnerable communities living in those areas. SB 50 eliminates hyper-low-density zoning near transit and job centers, thus legalizing small to mid-size apartment buildings and affordable housing in these locations so that more people can live near transit and near where they work. It also reduces or eliminates minimum parking requirements for new developments.

SB 50 will help relieve California’s acute housing shortage (currently a deficit of 3.5 million homes, equal to the housing deficits of the other 49 states combined), make housing more affordable, increase the supply of low-income housing, and reduce pressure to create more sprawl and build in wildfire zones. The bill will also reduce carbon emissions by allowing more people to live near transit and near where they work.

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