Assemblymember Holden’s Bill to Facilitate More Affordable Housing for Former Foster Youth, Homeless and Disabled Veterans Signed by Governor
Sacramento, CA – Assemblymember Chris Holden’s bill to expand housing opportunities for former foster youth, homeless and disabled veterans was signed by Governor Brown. Assembly Bill 2442 allows housing developers to obtain multiple density bonuses from a local government if the housing development sets aside ten percent of their units 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 multiple density bonuses to address rising housing costs and a subsequent lack of reliable, affordable housing for Californian’s most vulnerable populations.
“I am proud to author this bill based on suggestions from constituents in the 41st AD,” said Holden.