California CRE News In Your Inbox.
Sign up for Connect emails to stay informed with CRE stories that are 150 words or less.
Oakland Leaders to Endorse SB 50 Affordable Housing Act
California State Senators Scott Wiener (D-San Francisco) and Nancy Skinner (D-Oakland) will join Oakland Mayor Libby Schaaf and a host of affordable housing groups, local elected officials and community leaders on the steps of Oakland City Hall today, Tuesday January 7. The event begins at 10 a.m, and will reportedly endorse the re-introduction of SB 50, including new amendments and assurances regarding local flexibility and control.
The event is expected to be a demonstration of support for the passage of the bill designed to address California’s shortage of an estimated 3.5 million homes by increasing zoned density – legalizing apartment buildings and affordable housing – near public transportation and job centers.
Oakland recently saw the completion of the $60 million Casa Arabella, an affordable housing project built at the Fruitvale Transit Village on what used to be a BART parking lot. The community is planned to be 100 percent affordable to its new residents now taking occupancy.
Photo Credit: Casa Arabella Website
For comments, questions or concerns, please contact Chris Egger
- ◦People
- ◦Development




