Newsom Signs Housing Bills That Limit Single-Family Zoning – Advocacy Group Says Law will ‘Help Narrow Racial Wealth Gap in California’
After surviving the rigged recall election last week, Governor Gavin Newsom (D) signed three housing bills that will drastically reduce single-family (SFR) zoning in California.
The new law will make it easier to build housing projects in suburban areas zoned for single family residences – all in the name of equity.
“The housing affordability crisis is undermining the California Dream for families across the state, and threatens our long-term growth and prosperity,” Newsom said in a statement. “Making a meaningful impact on this crisis will take bold investments, strong collaboration across sectors and political courage from our leaders and communities to do the right thing and build housing for all.”
The new law will destroy suburban developments and values will drop.