On September 28, 2022 Governor Gavin Newsom signed AB-2011, a legislation that streamlines the housing approval process in California to boost the construction of more housing units and prevent further housing crisis in this state. He also announced $1 billion in awards to 30 shovel-ready projects through the California Housing Accelerator – creating 2,755 new homes for Californians.
At CityStructure, our vision is a world where every homeowner has a clear understanding of the development potential of their property. This is why we give you free access to the Untapped Development Potential for any property.
California Senate authorized to develop multifamily housing projects that are subject to a streamlined, ministerial approval permit process and not subject to a conditional use permit if the development follows a list of objective standards. Part of the objectives cover affordability and site criteria, including being located within a zone where office, retail, or parking are a principally permitted use, and would make the development a use by right and subject to one of 2 streamlined, ministerial review processes.
How AB-2011 works?
Parcels could be re-zoned to facilitate building residential units if the proposed projects meet the pre-defined objective standards, affordability and site criteria, including being located within a zone where office, retail, or parking are a principally permitted use, and would make the development a use by right and subject to one of 2 streamlined, ministerial review processes.
What's the next step?
CityStructure Untapped Potential Report shows you if the property and project may be eligible for further development. This is a fine grain analysis that gives you the size of the possible new additions, the maximum number of units, ADUs or even the maximum size of a new building on this property with an estimated construction budget.
