Why California is failing to build the homes it needs
- Once every eight years, housing regulators in California issue local municipalities an obligatory task: construct a detailed proposal to build new residential properties.
- Gavin Newsom sets specific goals for local governments across four separate tiers of affordability.
- Combined, these targets represent state officials' projections of how many homes are required to absorb projected population growth while addressing a multi-decade shortage of affordable places to live.
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- Once every eight years, housing regulators in California issue local municipalities an obligatory task: construct a detailed proposal to build new residential properties.
- Gavin Newsom sets specific goals for local governments across four separate tiers of affordability.
- Combined, these targets represent state officials' projections of how many homes are required to absorb projected population growth while addressing a multi-decade shortage of affordable places to live.
Sources: The Independent