August 9, 2016
Tuesday’s Regulatory and Legislative Roundup
- California governor, Jerry Brown, proposed a new bill which will potentially mandate housing developers to dedicate 20% of their housing units as affordable housing in the state of California. This shift, if approved, will have a great impact on the Bay Area and act as one of California’s most significant housing policy changes.
- The U.S. Department of Housing and Urban Development allocated 5.4 million dollars to help individuals in low-income areas receive job training so that they can become self-sufficient and lead greater lives without government assistance.
