California Gov. Gavin Newsom signed AB Bill 948, and other bills, on Sept. 28 to boost housing production across California, complementing the governor’s $22 billion housing affordability and homelessness package and ongoing work by the state to spur more housing production, tackle barriers to construction and hold local governments accountable.

Appraisal Institute President Rodman Schley reached out to Valuation Review with his thoughts on this legislation. Taken together, Newsom’s actions represent a comprehensive housing vision and the state’s commitment to create more affordable housing, faster and cheaper.

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