Law360 (Jun 30, 2021, 3:07 pm ET) – California lawmakers are trying to resolve the state’s housing affordability crisis, and real estate lawyers will be keeping a close eye on several legislation in the second half of the year that aims to create more housing.
Lawyers are keeping a close eye on a bill that could speed up the development of some of the available projects, and lawyers are also watching a separate piece of legislation that paves the way for dividing single-family plots into multiple units.
Lawyers are also keen to see another bill play out that will allow certain retail and office properties to be converted into residential properties.
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