AB 1287. Governor Gavin Newsome

GOVERNOR SIGNS AB 1287, CREATING DENSITY BONUSES FOR MIDDLE-INCOME APARTMENTS AND CONDOS

By Miriam Raftery

 

October 13, 2023 (San Diego) – Wednesday, California Governor Gavin Newsom signed into law AB1287, legislation that will encourage new homes for tens of thousands of middle-income families throughout California. The bill passed the Assembly76-1 and the Senate 31-4. View bill text. The new law amends the state’s Density Bonus law, which exempts builders from parking and density requirements if projects have a specified amount of units for low-income residents.  The new law expands this to include incentives to build housing for middle income residents, allowing more units and higher buildings.


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