[REGIONAL NEWS] Newsom signs SB 330, ‘Housing Crisis Act of 2019’ aimed at speeding up homebuilding

A big apartment complex located near one of San Jose’s BART stations has been bought in a deal that signals the residential market remains sturdy in Silicon Valley.
/Core Cos., Republic Urban Properties

The “Housing Crisis Act” is one of 25 housing measures signed into law this week

By JeffCollins | Orange County Register

Gov. Gavin Newsom signed a bill Wednesday, Oct. 9 aimed at boosting homebuilding in California by capping fees, slashing the time to get new developments approved and banning local governments from imposing population and housing caps.

“We are removing some key local barriers to housing production,” Newsom said in a statement referring to Senate Bill 330, dubbed the “Housing Crisis Act of 2019.”

The bill’s author, state Sen. Nancy Skinner, added that a failure to build adequate housing “has resulted in the highest rents and homeownership costs in the nation and has deepened homelessness.”

The bill, Skinner said, “green lights … housing that already meets local zoning rules and prevents cities from enacting new regulations that might limit the housing we so desperately need.”

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