Housing Bill Fails in Midst of State’s Housing Shortage

Sacramento, CA – The California State Senate has rejected SB 50, a fast-track housing bill seeking to positively impact the state’s housing shortage. The measure called for municipalities around the state to raise height limits and lift local building restrictions on new construction in order to increase the supply of properties available to buy and rent by increasing density along transportation routes of trains and frequently used bus stops. The bill’s failure could slow the governor’s ability to deliver 3.5 million new housing units by 2023 in response to the state’s continued housing crisis.