Media Mention
How AB 130 Is Changing CEQA Reviews For California Housing Projects
Bisnow
Land Use and Development Chair Sheri Bonstelle spoke with Bisnow on how California's AB 130 is transforming the entitlement process for multifamily housing projects by exempting qualifying infill developments from CEQA review, and why construction costs remain a significant obstacle to breaking ground even after approval is secured.
Excerpts
“The developers can't build it, solely due to the construction cost, and they can't sell it, because nobody else can build it, solely due to the construction cost, so all these entitled lands are sitting empty,” Bonstelle said.
“If they do file a lawsuit, [AB 130] will make it much easier for us to defend it, and it brings the risk profile way down,” Bonstelle said.
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