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New California Duplex Law Permits Development in Residential Neighborhoods

Pro Builder

New California Duplex Law Permits Development in Residential Neighborhoods. Senate Bill 9, a California law scheduled to take effect January 1, will allow multi-unit housing in neighborhoods previously reserved for single-family homes, but some cities are fighting back with new restrictions. Thu, 12/02/2021 - 10:26.

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Cracking the code of affordable housing

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million homes that are accessible to low-income renters. Nationwide, 60% of all workers earn less than what’s required to afford a two-bedroom rental home, according to a June report by the National Low Income Housing Coalition, which also cited the shortage of affordable housing.

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LOCATION FOCUS: California Dreamin’ – A Rebound Fueled By New Energy

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After swallowing that gloomy news, Californians trudged to the polls in November and approved a referendum increasing their state income taxes by a whopping $6 billion a year. Thus far, California hasn’t dived head-first into an embrace of fracking. All of that may be about to change, seismically, for the better. Last year, CA Gov.

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Top 25 Finalists for Ivory Innovations' Housing Affordability Prize

Pro Builder

This year’s finalists in the Policy & Regulatory Reform category include organizations focused on addressing historically lengthy processes, such as accelerating permitting and connecting LMI individuals to housing opportunities. Four MINTs now operate in Boston, Fresno, KC, and Tulsa.

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Household Energy Usage Increases Due to Pandemic, Energy Mortgages May Help

Pro Builder

Some local utility companies in states such as California, Michigan and New York have asked consumers to moderate electricity usage as a result of this increased demand. But energy or “green” mortgages could address the increase in energy usage while increasing a home’s value and affordability.

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Sacramento Torn as Lawmakers Attempt to Rezone Single-Family Lots

Pro Builder

Only permitting new multifamily developments on single-family lots is the most recent move by Sacramento lawmakers meant to address the housing shortage, but it’s expected to make little impact. of Realtors as a way, it said, to limit developers and gentrification in lower-income communities of color. cbroderick.

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Black Gold Rush

Buisness Facilities Contributed Content

While Dakotans have been thriving up North, few states were hit harder by the national downturn than California. Last year, a State Budget Crisis Task Force headed by former Fed Chairman Paul Volcker estimated California’s long-term debt at a staggering $370 billion. Map of U.S. shale gas and shale oil plays as of May 9, 2011.