SB 50 advances, promises more housing near transit, job centers
A state senator’s bid to boost multifamily construction near transit and job centers has already gotten farther than a similar proposal by the lawmaker last year.
On Tuesday, the Senate Housing Committee approved SB 50 by Sen. Scott Wiener, D-San Francisco, on a 9-1 vote. It is a retooled version of last year’s SB 827, which failed passage.
SB 50 would allow for expedited housing construction near existing job centers and public transportation.
If they request it, developers who agree to build qualifying “job rich” or “transit rich” housing projects would be eligible for certain incentives, such as lowered parking requirements and permission to build at higher densities.
“SB 50 will help ensure Californians have access to affordable, walkable, and transit-oriented housing — an urgent priority for our growing population in California,” CAA writes in a letter supporting the legislation.
“We have to move past the paralysis on housing and change how we do things,” Wiener said, as reported by KQED.
The bill now heads to the Senate Governance and Finance Committee.