UPDATE: This legislation was approved and signed by the Governor on 10-11-23.
AB-323 was introduced by Assembly Member Holden on 1-30-23.
This Bill modifies the existing density bonus law. Projects designated for affordable housing intended for owner-occupancy, shall prohibit a developer from petitioning for a change of use for that parcel, unless they can prove that none of the applicants for owner-occupancy can qualify for the unit per the income limitation requirements. This bill would apply to all cities, including charter cities in the state.
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