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What Happens When California Cities Fumble Housing Plans?

What Happens When California Cities Fumble Housing Plans?

FromDeconstruct


What Happens When California Cities Fumble Housing Plans?

FromDeconstruct

ratings:
Length:
19 minutes
Released:
Oct 31, 2022
Format:
Podcast episode

Description

After the city of Santa Monica failed to submit a state-approved housing plan on time, developers raced to capitalize on the city's failures. Under California state law, developers in cities whose housing plans fall out of state compliance can turn to filing so-called “builder’s remedy” projects that do not require the usual consent of municipal councils or planning commissions.
But how did this happen? TRD's Deconstruct chats with reporter Trevor Bach about why the city of Santa Monica is set to get more than 5,000 new units, whether cities can challenge these projects and how other regions may get a deluge of new housing.
Released:
Oct 31, 2022
Format:
Podcast episode

Titles in the series (72)

In Deconstruct, The Real Deal breaks down the most important ideas in real estate. We follow the money from Los Angeles to New York City to explain what investors, brokers and developers are focused on right now. This is essential listening for understanding the great, big world of real estate.