Look West: How California Is Leading The Nation

Building an Affordable Future

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Synopsis

Assemblymember Dr. Corey A. Jackson Advances Legislation to Lower Home Prices and Increase Housing Stock SACRAMENTO — Assemblymember Dr. Corey A. Jackson (D-Moreno Valley) has taken decisive action to address California’s housing crisis by authoring AB 317, the First Time Homeowner Act, a bill designed to boost affordable housing production by eliminating unnecessary regulatory delays. The legislation passed the Assembly Floor last week with strong bipartisan support and now heads to the Senate. California faces a shortage of up to 2 million homes, driving the median price above $800,000. AB 317 directly addresses this by making it easier to build affordable starter homes, especially in underserved regions like the Inland Empire. AB 317 creates a targeted exemption from the California Environmental Quality Act (CEQA) for modest, first-time homebuyer developments. It applies to homes 1,500 square feet or less, with no more than three bedrooms, priced under $400,000, and built specifically for first-time buyers