California’s New Housing Laws for 2021, Increase Density Bonus to 50% and More
The California State Government is implementing a few new laws to increase housing production, starting as early as tomorrow, January 1st, 2021. The headlining story is that the state density bonus for affordable housing will increase from 35% to 50%. That density bonus is in Assembly Bill 2345, introduced by Assembly Members David Chiu of San Francisco and Lorena Gonzalez of San Diego. While none of the new laws are expected to shift future development across the Bay Area significantly, they allow for a gradual increase in housing production statewide.