LOS ANGELES, CA—California developers will feel extra pressure to include affordable housing in their projects, in light of a California Supreme Court decision issued Monday. In the exclusive column below, Edgar Khalatian and Spencer B. Kallick of Mayer Brown LLP discuss the implications of this new decision.
The views expressed in this column below are the author's own.
If they have not already, California developers are about to feel extra pressure to either include affordable housing in their projects or be required to pay an in lieu fee. And they have a recent California Supreme Court decision to thank. On Monday, the court issued a decision that allows California cities and counties to require developers to include below-market rate affordable housing as a condition to the issuance of a building permit. The decision makes it easier for cities with housing shortages to require property owners to pay an in-lieu fee or build affordable housing.
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Natalie Dolce
Natalie Dolce, editor-in-chief of GlobeSt.com and GlobeSt. Real Estate Forum, is responsible for working with editorial staff, freelancers and senior management to help plan the overarching vision that encompasses GlobeSt.com, including short-term and long-term goals for the website, how content integrates through the company’s other product lines and the overall quality of content. Previously she served as national executive editor and editor of the West Coast region for GlobeSt.com and Real Estate Forum, and was responsible for coverage of news and information pertaining to that vital real estate region. Prior to moving out to the Southern California office, she was Northeast bureau chief, covering New York City for GlobeSt.com. Her background includes a stint at InStyle Magazine, and as managing editor with New York Press, an alternative weekly New York City paper. In her career, she has also covered a variety of beats for M magazine, Arthur Frommer's Budget Travel, FashionLedge.com, and Co-Ed magazine. Dolce has also freelanced for a number of publications, including MSNBC.com and Museums New York magazine.
