Giving Compass' Take:
- Julie Strupp reports on California's likely legalization of SB 79, which would allow denser housing to be developed near transit hubs.
- How can donors and funders take action to help mitigate the affordable housing crisis? What are the root causes of this crisis?
- Learn more about key issues in homelessness and housing and how you can help.
- Search our Guide to Good for nonprofits focused on homelessness and housing in your area.
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California is poised to approve legislation that will make it legal to build more multifamily housing near the highest-capacity transit stops across the state, regardless of local zoning restrictions.
The California Legislature voted 21 to 8 on Friday to pass SB 79, the Abundant & Affordable Homes Near Transit Act, which now heads to Gov. Gavin Newsom’s desk for signature into law. He must sign or veto the legislation by Oct. 12.
The bill will help lower housing costs by increasing the supply of homes near high-frequency transit, while simultaneously bolstering those transit systems, according to its author, State Sen. Scott Wiener (D-San Francisco). The bill will apply to any qualifying site zoned for residential, mixed-use or commercial properties within a half-mile of qualifying transit, or within a quarter-mile for small cities of less than 35,000 residents.
“Building more homes in our most sustainable locations is the key to tackling the affordability crisis and locking in California’s success for many years to come,” Wiener said in a Sept. 12 press release. “Decades of overly restrictive policies have driven housing costs to astronomical levels, forcing millions of people away from jobs and transit and into long commutes from the suburbs.”
Specifically, SB 79 will allow apartments to be built near San Francisco BART, LA Metro, MTS Trolley and “true” bus rapid transit with dedicated lanes, such as LA’s G Line, per California YIMBY, an advocacy group and sponsor of the legislation. It will also allow transit agencies to develop their own land, opening up a new potential revenue source. This ‘rail plus property’ model has been key to making transit self-sustaining in Hong Kong, as well as in other East Asian countries, per New York City-based consulting firm McKinsey.
Height limits will vary from 4 to 9 stories based on the frequency of transit service and distance from major stations. The legislation will only apply in counties with at least 15 passenger rail stations: Los Angeles, San Diego, Orange, Santa Clara, Alameda, Sacramento, San Francisco and San Mateo.
Read the full article about California legalizing denser housing near transit by Julie Strupp at Multifamily Dive.