California's Department of Housing and Community Development has approved San Francisco's new housing growth plan, which sets a goal of building 82,000 new homes in the next eight years.
According to a report in the San Francisco Chronicle, the state housing agency told the city its plan meets the requirements of a new state law establishing eight-year housing growth goals for each municipality in California.
California cities are racing to create their blueprints for the next eight years of housing growth—known as a "housing element plan"—which is required under the law to be submitted to the state by the end of this month.
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