LOS ANGELES, Oct. 9, 2019 /PRNewswire/ -- The CALIFORNIA ASSOCIATION OF REALTORS®
(C.A.R.) today issued the following statement on the governor's
signing of Sen. Nancy Skinner's
(D-Berkeley) SB 330:
"The California Association of REALTORS® and the more than
200,000 real estate agents and brokers we represent thank Gov.
Gavin Newsom for signing SB 330 — a
major step in addressing California's housing shortage. We were proud
to strongly support Sen. Skinner's bill because it recognizes the
true severity and urgency of our state's housing crisis," C.A.R.
President Jared Martin said.
"SB 330 will increase the housing supply by reducing the
barriers to housing development. It labels our housing shortage
exactly what it is: a housing supply crisis. This law will create
certainty in the development application and permitting process to
streamline building new housing units.
"C.A.R. applauds Sen. Skinner for her relentless focus on
solving California's housing
crisis. She is serious about increasing the housing supply and
understands that the future of California is at stake if we fail to build
more housing. We look forward to continuing to work with lawmakers
and the governor next year to build on the momentum to increase the
About SB 330:
- It creates certainty for developers constructing new housing
units, by permitting no more than five public hearings to approve a
proposed housing development if the development is consistent with
local planning, zoning and design requirements.
- Upon granting housing development approval, local governments
will be prohibited from increasing local permitting fees throughout
the project's development, which will create more certainty in the
- Streamlines the local permitting process for five years in
cities whose populations exceed 5,000 residents and where rents
exceed 130 percent of the national average.
- It labels California's housing
crisis a "housing supply crisis."
Leading the way... ® in California real estate for more than 110
years, the CALIFORNIA ASSOCIATION
OF REALTORS® (www.car.org) is one of the largest state trade
organizations in the United
States, with more than 200,000 members dedicated to the
advancement of professionalism in real estate. C.A.R. is
headquartered in Los Angeles.
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SOURCE CALIFORNIA ASSOCIATION