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Gov. Newsom Signs Sen. Skinner’s Density Housing Bill, SB 290

California Gov. Gavin Newsom today signed Sen. Nancy Skinner’s SB 290, which will update the state’s density bonus law to support more affordable housing, particularly for low-income college students. The governor signed SB 290 as part of a package of 27 housing bills that he approved at an event in Oakland.

…According to the California Housing Partnership, the state currently has an estimated 1.2 million-unit shortfall of affordable rental units. Four out of five extremely low-income households pay over half of their income on rent, as do nearly half of very low-income households…