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The California Apartment Association this month co-hosted a virtual housing summit for multifamily housing developers in the Placer County region.
The July 24 meeting attracted elected officials from Placer County, Roseville and Rocklin, as well as city and county staff, and multifamily developers.
During the meeting, developers, elected officials, and staff discussed ways to reduce financial and regulatory barriers to market-rate and affordable multifamily housing projects. They also discussed how the region should explore a “right sized” approach to fee schedules for multifamily units, such as possibly using a per-square-foot calculation of fees versus a per-unit calculation.
“CAA is committed… Read More
Tagged: News Sacramento Valley
Despite vigorous opposition from CAA and the Santa Rosa business community, housing providers in the city are facing rent control for the long haul.
After imposing the policy on a temporary basis, the City Council on Tuesday, Aug. 16, voted 4-2 to keep it in place.
In May, the Santa Rosa council approved a moratorium on rent increases over 3 percent on pre-1995 multifamily housing. The council’s vote Tuesday, after a first reading, is positioned to extend the rent cap indefinitely.
Assuming the ordinance is ratified after a second reading Aug. 30, it would take effect Sept. 30.
The ordinance,… Read More