Court: California Cities Can Require Developers To Build Affordable Housing

A really interesting case just came out from California’s state Supreme Court which ruled that cities have broad authority to require builders to include a percentage of affordable housing in new projects. The court case stemmed from a 2010 San Jose law that requires some new residential developments to set aside 15 percent of their units for sale at below-market rates. Due to the ruling, affordable housing requirements will be kept intact in cities across the state. Builders in the case argued that the cost of affordable units was being transferred from the public to homebuilders by these requirements.

More info can be found here--
http://losangeles.cbslocal.com/2015/06/15/court-california-cities-can-require-developers-to-build-affordable-housing/#.VX8tIyqlSX8.twitter

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