California lawmakers pass package aimed at housing affordability crisis
SACRAMENTO, Calif. - California lawmakers sped to the close of the legislative session Friday, addressing one of their signature issues with a sweeping package of bills aiming to address the state's crippling housing costs.
The bills are an effort to raise billions in funding to help finance the construction of thousands of new homes for low-income residents, while also easing local regulations on home building - a necessary move, lawmakers said, to help middle-class Californians who are now overwhelmed by costs.
"I've read study after study after study outlining this crisis," said Democratic Assemblyman Richard Bloom of Santa Monica, one
