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✅ Sustainable financing applications with the creation of impressive mechanisms to unlock extensive-phrase expense, together with a revolving fund to reinvest fairness from stabilized cost-effective housing into new developments in the Reasonably priced Housing Extra Equity Software, and by creating a statewide CEQA VMT Mitigation Bank to supply an optional compliance tool to permit builders to additional correctly satisfy their existing CEQA mitigation obligations by funding site-effective reasonably priced housing and infrastructure tasks.
What you have to know: Governor Newsom today finalized his funds that builds and provides for Californians, signing into law groundbreaking and transformative housing reforms – which includes sweeping CEQA exemptions — to boost housing creation and infrastructure statewide and increase affordability for all.
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