Assemblymember Gloria’s Bill to Increase Production of Local Affordable Housing Units Passes Assembly
The housing shortage in San Diego has been a crisis in the making for many years. With prices continuing to rise, largely due to the lack of inventory, a huge portion of San Diego’s middle class is being priced out of the market. And the domino effect is in full force causing San Diego to be less attractive to employers potentially bringing jobs here as well as the number of military retirees being retained here lessening more and more. These folks just can not afford to own property here, and that’s a part of the American Dream right! Something needs to be done about this and fast. And it looks like we might be on a new path.
We have a new driver on the bus to San Diego’s light at the end of the tunnel, and it happens to be a home grown favorite. Less than a month since the announcement of his legislative package on housing, California State Assemblymember Todd Gloria (D-San Diego) announced today that his first bill to help increase production of local affordable housing units has passed the Assembly today by a vote of 47-23.
“California families are counting on the Legislature to do something about this state’s housing crisis. Today marks a concrete step in the right direction to demonstrate that we are serious about addressing this crisis head-on,” said Assemblymember Todd Gloria. “While AB 1505 is not a silver bullet for the housing crisis, it effectively removes a barrier that has prevented the production of affordable housing units for years and empowers local jurisdictions to spur the creation of these much-needed units.”
At Dwell Well Realty, we believe in this mission completely and are all ready to roll up our sleeves and help wherever we can to improve the housing options. Dwelling well is not a one-off transaction for us. It is a community effort. We won’t fully dwell well until our entire community is dwelling well. And I believe we will get there in the near future. I’ll keep you posted as things progress. Until then, please let me know if you have any questions or comments. I am here for you. Always. -Bri