SB 728: Density Bonus Law, California State Assembly’s Committee on Housing and Community Development.
I’ll be reviewing the California State Assembly’s Committee on Housing and Community Development. The committee’s jurisdiction includes building homeless programs and financing housing projects, including redevelopment. The chair of this committee is Assembly Member David Chu and the vice-chair is Kelly Seyarto.
The bill I’ll be going over is SB 728, titled Density Bonus Law. The purpose of this law is to have cities or countries provide developers that propose a housing development within a region with a high population density incentives to do so. The idea behind this is that this will incentify developers to create more housing real estate properties in regions where people cannot find housing.
I think those opposed to this would be people who work in very high-density cities while living in a suburban area in the outskirts; for example, someone who works in L.A. and drives every day back and forth to Irvine where they live. For them, they bought a house already in a suburban area and settled down; if they have kids, their kids are already attending K-12 systems in that suburban area. Had this incentive been there before, their housing decisions would have changed.