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In an effort to create more affordable homes, Gov. Newsom signs package of housing bills [Los Angeles Times (CA)]

Costco Wholesale Corporation (COST)  More Company Research Source: Los Angeles Times
Last costco wholesale corporation earnings: 3/5 04:15 pm Check Earnings Report
The new laws aim to boost the availability of housing in a variety of ways, including streamlining the approval for certain projects and requiring that local municipalities create plans to house the most vulnerable Californians. “The original sin in this state is affordability,” Newsom said at press conference. “That is the challenge we are trying to address.” The bill signings Thursday follow a number of actions lawmakers have taken in recent years to make housing more affordable. There have been big ticket items like eliminating most single-family only zones to allow duplexes, as well as more under-the-radar efforts that have boosted ADU production and chipped away at the ability local governments have to block housing developments. One of those lesser known laws is AB 2011, a law from Assemblymember Buffy Wicks (D-Oakland) that streamlined the approval process for housing projects on certain types of commercial land if developers reserve some units for lower-income residen [Read more]

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Stockreport

In an effort to create more affordable homes, Gov. Newsom signs package of housing bills [Los Angeles Times (CA)]

Costco Wholesale Corporation  (COST) 
Last costco wholesale corporation earnings: 3/5 04:15 pm Check Earnings Report
The new laws aim to boost the availability of housing in a variety of ways, including streamlining the approval for certain projects and requiring that local municipalities create plans to house the most vulnerable Californians. “The original sin in this state is affordability,” Newsom said at press conference. “That is the challenge we are trying to address.” The bill signings Thursday follow a number of actions lawmakers have taken in recent years to make housing more affordable. There have been big ticket items like eliminating most single-family only zones to allow duplexes, as well as more under-the-radar efforts that have boosted ADU production and chipped away at the ability local governments have to block housing developments. One of those lesser known laws is AB 2011, a law from Assemblymember Buffy Wicks (D-Oakland) that streamlined the approval process for housing projects on certain types of commercial land if developers reserve some units for lower-income residen [Read more]

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