Housing Construction

HOUSING CONSTRUCTION. INITIATIVE CONSTITUTIONAL AMENDMENT. Prohibits laws creating moratorium or numerical limitations on residential construction; invalidates existing laws creating such limitations, including limitations on agricultural preserves. Prohibits governmental entities adopting dwelling density limitations for single family, duplex, multiple, and mobilehome units below specified amounts; requires zoning land for such uses. Specifies time periods and procedures for issuance or denial of residential construction developmental approvals by governmental agencies. Requires establishment of state fund from General Obligation Bonds for use in building additional water and sewer facilities required by residential construction. Provides for bond elections. Limits applicability in coastal zone and Tahoe. Fiscal impact on state and local governments: If obtaining funds by issuance of State General Obligation Bonds is approved by voters, the State costs of building the required additional water and sewer facilities would be substantially increased. The amount of the increase is indeterminable at this time but is expected to be multimillions of dollars per year over many years