Here's a brief look at the bills:
AB 2175--Changes the standards for condominium conversions by permitting an owner to convert to condominiums if 50% of the tenants agree to buy their units. The bill provides that those tenants not choosing to buy remain protected under local rent-control laws. An owner may not convert under this bill if there have been any serious code citations within the last six months. Status: In Assembly, awaiting policy committee assignment.
AB 2348--Allows any city or county to reduce its share of the regional low- and moderate-income housing needs by 15% for each income group if it (a) can show that more housing is being built in its community than surrounding cities and counties, and (b) if it has made substantial progress meeting the housing needs of its residents. Status: In Assembly, awaiting policy committee assignment.
SB 1818--Halves the number of units that must be built for housing developers to receive a density bonus. Instead of agreeing to build at least 20% of all units for very low-income households, only 10% of the units need to meet that threshold. Instead of restricting the resale price of homes that are built as a result of a density bonus to 10 years, the bill states that the price restriction applies only to the first owner of the property, and allows that owner to fully recover improvements made to the home and the down-payment. Status: In Senate, awaiting policy committee assignment.
AB 2702--Dovetails with AB 1866, passed in 2002, which states that a second-unit building permit must be approved without a hearing if the proposal complies with all of the local government's development requirements. AB 2702 specifies that local governments cannot adopt ordinances that have the practical effect of barring second units from a community. Status: In Assembly, awaiting policy committee assignment.
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