Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
May Revision housing proposals would add CEQA and VMT options, create statewide mitigation banking and revert unspent housing funds
Summary
The May Revision would give housing applicants new CEQA and permitting options, create a statewide VMT mitigation banking fund to finance affordable housing near transit, and revert $31.7 million in unspent housing monies, the administration told a Senate Budget subcommittee.
The Subcommittee reviewed multiple May Revision items the administration says are aimed at accelerating housing production and aligning climate and land-use policy. Key proposals include trailer bill language to amend CEQA paths and permit streamlining, creation of a statewide VMT mitigation banking program tied to affordable housing near transit, and a budgetary reversion of $31.7 million in unexpended housing funding from prior budget acts.
Deputy Secretary Sasha Kurgan of the Business, Consumer Services and Housing Agency described three principal changes in the climate-aligned housing trailer bill: 1) remove the Permit Streamlining Act exemption for the Coastal Commission so coastal projects use the same streamlined permitting rules as other areas; 2) expand judicial CEQA streamlining so larger housing projects (over $100 million) may use the expedited…
Already have an account? Log in
Subscribe to keep reading
Unlock the rest of this article — and every article on Citizen Portal.
- Unlimited articles
- AI-powered breakdowns of topics, speakers, decisions, and budgets
- Instant alerts when your location has a new meeting
- Follow topics and more locations
- 1,000 AI Insights / month, plus AI Chat
