In the News: Three major hurdles to fixing California’s housing crisis
California’s housing crisis cannot be solved only with dollars. Although Gov. Gavin Newsom’s signed state budget allocated $2 billion in new spending for the state’s housing and homelessness crisis, there are additional measures needed to undo the impact of decades-long legislative and regulatory constraints.
The article, a result of the SoCal Policy Forum, notes that the state must mend the California Environmental Quality Act (CEQA), make significant changes to the prevailing wage requirements for new home construction, and increase opposition against overly restrictive local land-use laws.