The city council approved a sweeping housing bill aimed at increasing affordable units and regulating short-term rentals.
In a unanimous vote on Tuesday evening, the city council passed a landmark housing reform bill designed to address the ongoing crisis in affordable housing. The legislation introduces new incentives for developers to build mixed-income residences and restricts the number of short-term rental units permitted in key neighborhoods.
“Today marks a significant step forward for equitable urban living,” said Councilwoman Maria Lopez. The law will go into effect starting next fiscal year and is expected to influence similar measures in other major cities.
