In 2019, the California legislature passed, and Governor Newsom
approved, new legislation impacting the development industry.
Effective January 1, 2020, the laws summarized in the link below
will impact the development process in many ways – from
streamlining local permitting procedures for eligible projects to
tenant protections and new incentives for financing affordable
housing. The new laws also obligate local government to undertake
updates in their housing plans and plan for growth, among other
requirements. In 2020, we anticipate the state legislature to
continue to tackle housing access and affordability and we are
closely tracking progress on key bills, including Senate Bill 50
(Weiner).