Governor signs 15 bills aimed at increasing housing production and tackling the state’s affordability crisis
Newsom signs SB 1079 to provide new rights for tenants to buy homes facing foreclosure
Governor signs a package of bills to increase the incentives to build more housing for working families and to build more housing near transit
Builds on nation’s strongest statewide eviction protections from previously-signed AB 3088
SACRAMENTO — Governor Gavin Newsom today signed legislation that will help California make significant progress on the state’s housing construction and equity goals. The package of 15 bills signed today includes new rights for tenants and community groups to purchase homes facing foreclosure, as well as a series of improvements to state law that will lead to more inclusive and affordable neighborhoods so housing can be within reach of more working Californians.
The COVID-19 pandemic has put additional stress on low- and moderate-income California households, as they struggle to afford rent and mortgages amidst job loss and economic stress caused by the pandemic. The bills the Governor signed today will streamline funding for affordable housing, encourage developers to build more moderate-income homes, and help teachers find housing affordable for them. Today’s bill package follows on the Governor’s signature on August 31st of AB 3088, the strongest statewide protections in America to prevent millions of evictions and foreclosures for tenants and property owners who have suffered economic impacts from COVID-19.