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From YouTube: Governor Newsom Signs Housing and Economic Recovery Legislation - May 20, 2021

Description

Alongside state and local leaders in San Jose, Governor Gavin Newsom signed legislation by Senate President pro Tempore Toni G. Atkins (D-San Diego) that extends expedited California Environmental Quality Act (CEQA) review for key developments and expands the streamlining process to include small-scale housing projects – boosting the state’s economic recovery with the creation of more housing and good jobs.

Governor Newsom signed SB 7 at the proposed site of Google’s Downtown West project, a mixed-use development in San Jose that the Governor certified for expedited CEQA review in 2019. The project will create 4,000 units of housing, with 25 percent affordable, as well as retail and office space.

SB 7, the Housing + Jobs Expansion & Extension Act, extends through 2025 the provisions of legislation enacted in 2011 (AB 900) that created an expedited judicial review process under CEQA for large, multi-benefit housing, clean energy and manufacturing projects. To allow smaller housing projects to qualify for streamlining, SB 7 lowers the threshold for eligible housing projects to those with investments between $15 million and $100 million that include at least 15 percent affordable housing and are infill projects.

Recorded May 20, 2021 in San Jose.

For more information regarding the impact of the COVID-19 outbreak in Cupertino, please visit https://www.cupertino.org/coronavirus​​