Assemblymember Holden’s Bill to Provide More Affordable Housing for Former Foster Youth, Homeless and Disabled Veterans Passes Senate Appropriations Committee
Sacramento, CA – Assemblymember Chris Holden’s bill to expand housing opportunities for former foster youth, homeless and disabled veterans, AB 2442, passed the Senate Appropriations Committee. The bill will now head to the Senate Floor.
AB 2442 allows housing developers to obtain multiple density bonuses from local government if the housing development sets aside ten percent for former foster youth, disabled veterans, or formerly homeless individuals.
“Disabled veterans and transitional foster youth face a serious affordable housing problem,” said Assemblymember Chris Holden. “It is vital that we give our local communities tools to meet this challenge.”
A multiple density bonus is a zoning tool that enables developers to build more units than normally allowed. AB 2442 expands state law relating to multiple density bonuses that have worked to address rising housing costs and a subsequent lack of reliable, affordable housing that plagues Californian’s most vulnerable populations.
“I’m proud to author this bill as it came directly from a constituent, Jeannette Mann, who has been active in All Saints Church in Pasadena, and the 41st Assembly District helping foster youth and the community at large,” said Holden.