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.
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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