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'''AB 2372, Calfornia Affordable and Sustainable Housing Act''', is a California State Assembly bill introduced on February 14, 2018, by Assemblymember Todd Gloria, D-San Diego. ([[A78.asmdc.org|78th Assembly District]]). See [[California_housing_legislation_2018|California housing legislation 2018]] for all housing bills.
*Creates a statewide opt-in program for local governments to increase housing along transit corridors.<br/>
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Press release: [https://a78.asmdc.org/press-releases/assemblymember-gloria-introduces-legislation-increase-supply-affordable-housing https://a78.asmdc.org/press-releases/assemblymember-gloria-introduces-legislation-increase-supply-affordable-housing]
Bill Text: http://leginfo.legislature.ca.gov/faces/billNavClient.xhtml?bill_id=201720180AB2372
"To address this housing shortage, AB 2372 creates a statewide opt-in program for local governments to increase housing along transit corridors. Under current law, local jurisdictions are empowered to provide incentives or concessions for the production of low-income housing units; however, this is calculated using a dwelling units per acre formula. AB 2372 would authorize the use of a new floor area ratio (FAR) based calculation system, which increases the allowable residential floor area that can be used for units – encouraging, smaller and therefore less expensive housing units.▼
▲"To address this housing shortage, AB 2372 creates a statewide opt-in program for local governments to increase housing along transit corridors. Under current law, local jurisdictions are empowered to provide incentives or concessions for the production of low-income housing units; however, this is calculated using a dwelling units per acre formula. AB 2372 would authorize the use of a new floor area ratio (FAR) based calculation system, which increases the allowable residential floor area that can be used for units
"AB 2372 maintains that project heights will continue to be regulated by the underlying base zone and also permits developer impact fees to be calculated based on square feet rather than on a per unit basis. AB 2372 also reduces parking requirements to 0.1 spaces per bedroom for all units at 120 percent AMI or less."
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== References ==
*California Legislative Information. [http://leginfo.legislature.ca.gov/faces/billNavClient.xhtml?bill_id=201720180AB2372 http://leginfo.legislature.ca.gov/faces/billNavClient.xhtml?bill_id=201720180AB2372]
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*Murphy, Katy. "Tiny apartments: New California bill would reward developers who go compact." ''Mercury News, ''February 14, 2018. [https://www.mercurynews.com/2018/02/14/tiny-apartments-new-california-bill-would-reward-developers-who-go-compact/amp/ https://www.mercurynews.com/2018/02/14/tiny-apartments-new-california-bill-would-reward-developers-who-go-compact/amp/].
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