California Apartment Association

CAA sponsors bills to add more housing

The California Apartment Association this year is sponsoring four state bills to help increase the state’s housing supply, a fair and economically proven way to lower housing costs.

CAA’s four housing-production bills come as California contends with several years of climbing home and rental prices, driven primarily by an imbalance between new jobs and new residential development in regions where employment has boomed.

Encouraging residential development via the Legislature also offers reasonable alternatives to rent control and other ill-conceived policies. Providing sensible solutions in Sacramento is urgent as a growing number of local governments consider rent control, rent mediation and other poor policies that fail to address California’s long-term affordability culprit — anemic housing production.

The bills, which are still being finalized, would: