Encourage California to Build More Housing and Lower the Cost of Housing
Senate Bill 6 (Caballero) would allow residential development on existing lots currently zoned for commercial office and retail spaces, such as strip malls or large ‘big box’ retail spaces.
California is facing a severe housing crisis exacerbated by the COVID-19 pandemic and subsequent economic downturn. With Governor Newsom stating that 3.5 million new homes are needed to meet the state’s population growth, it is critical to approve legislation like SB 6, which will help get housing units built. Doing this, and ensuring our housing supply meets demand, will improve our housing shortfalls, and ultimately lower the cost of housing for all Californians.
SB 6 would allow local governments to approve housing development on commercial and retail spaces, specifically requiring the development of residential units be at a minimum of 20 units per acre in a suburban jurisdiction and 30 units per acre in a metropolitan jurisdiction. This housing development would be required to abide by existing local planning and development ordinances. SB 6 would also establish a financing mechanism for public infrastructure. Allowing this development on existing shopping centers or strip malls could help the state reach its housing goals and drive economic activity in regions most in need of revitalization.
Encourage California to Build More Housing and Lower the Cost of Housing
Senate Bill 6 (Caballero) would allow residential development on existing lots currently zoned for commercial office and retail spaces, such as strip malls or large ‘big box’ retail spaces.
California is facing a severe housing crisis exacerbated by the COVID-19 pandemic and subsequent economic downturn. With Governor Newsom stating that 3.5 million new homes are needed to meet the state’s population growth, it is critical to approve legislation like SB 6, which will help get housing units built. Doing this, and ensuring our housing supply meets demand, will improve our housing shortfalls, and ultimately lower the cost of housing for all Californians.
SB 6 would allow local governments to approve housing development on commercial and retail spaces, specifically requiring the development of residential units be at a minimum of 20 units per acre in a suburban jurisdiction and 30 units per acre in a metropolitan jurisdiction. This housing development would be required to abide by existing local planning and development ordinances. SB 6 would also establish a financing mechanism for public infrastructure. Allowing this development on existing shopping centers or strip malls could help the state reach its housing goals and drive economic activity in regions most in need of revitalization.