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Gov. Brown just signed 15 housing bills. Here's how they're supposed to help the affordability crisis
By Liam Dillon of the LA Times
Gov. Jerry Brown has finalized lawmakers’ most robust response to California’s housing affordability problems in recent memory.
The “15 good bills” Brown signed into law here Friday morning include a new fee on real estate transactions and a $4-billion bond on the 2018 ballot that together could raise close to $1 billion a year in the near term to help subsidize new homes for low-income residents.
MOHCD's Small Sites program has several policy updates that are open for public comment. The Small Sites program funds non-profits to help stabilize existing multi-family rental buildings of 5-25 units that are occupied by low- to moderate-income tenants. By stabilizing existing housing, the program's aim is to prevent evictions and rising tenant rents.
Mayor Edwin M. Lee today issued an Executive Directive that will reduce housing project timelines by nearly half while leading to the creation of 5,000 new units every year for the foreseeable future.
On August 18th, SoMa Pilipinas held its first night market, Undiscovered SF, at 88 5th St (in the US Mint and on Mint Plaza). It attracted approximately 10,000 people from across the region.
The event highlights food and retail vendors, as well as local performers and artists build a thriving new commercial corridor and bring public awareness of the SoMa Pilipinas Filipino culture district.
The market is partially supported by a grant from MOHCD and the SoMa Community Stabilization Fund.