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Policy

California November ballot: a billionaire tax and new local tax limits

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California has long been synonymous with high taxes, but new fights over who will hisse them are exposing a sharper fault line. The state increasingly reaches for “tax the rich” tools to fund housing and social programs, while anti-tax forces try to constrain those same tools. California’s tax fight is unfolding under a national spotlight. […]

Policy

NAIOP pivots to Commercial Real Estate Development Association

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NAIOP rebranded as the Commercial Real Estate Development Association, also known as CREDA. The trade group, founded in 1967, represents more than 21,000 members through 55 chapters across North America and said its advocacy and education mission remains unchanged.

Policy

Newsom signs balanced budget with $1.7B locked-in for housing

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This time last year, California Gov. Gavin Newsom signed a state budget that included sweeping housing reforms that allowed urban residential developers to avoid rigorous environmental reviews. This year’s budget, which Newsom signed on Monday, does not carry the same historic housing reforms as last year. Instead, it is historic for balancing the budget. “For […]

Policy

Density is not design, what cities miss on the ROAD to affordability

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In housing, there are a few words that get tossed around so often they start to lose all meaning. “Affordability” is one of them. “Sustainability” is another. Near the top of the list is “density.” Say the word at a city council meeting, and half the room hears “traffic,” “apartments,” “school overcrowding,” and “there goes […]

Policy

DeSantis signs Live Local 4.0 housing reform into Florida law

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Gov. Ron DeSantis signed the fourth iteration of the Live Local Act on Friday, cementing the state’s commitment to building affordable housing. House Bill 1389 takes effect July 1. It extends state preemption of local zoning rules and closes a loophole that local governments used to discriminate against affordable housing projects with relative impunity. Since […]

Policy

The ROAD Act and the 26.4% regulatory cost stack on new homes

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While Washington waits to see whether the 21st Century ROAD to Housing Act becomes law by presidential signature, by inaction, by override, or not at all, homebuilders and developers already know the issue at stake does not wait. Here’s how regulatory cost adds up as a chokehold – not a theoretical – in the new-home […]