California's Senate Bill 9 (SB 9), also known as the "California HOME Act," aims to alleviate the state's housing crisis by making it easier to build additional housing units on existing residential lots. This article outlines the key aspects of SB 9, its impact on property development, and how EG Modern Construction can assist you with this new law.
What is SB 9?
SB 9 allows homeowners to split single-family residential lots and build additional housing units, significantly increasing housing density in existing neighborhoods.
Key Provisions of SB 9
Lot Splitting:
Subdivide Lots: Homeowners can split single-family lots into two parcels, each at least 1,200 square feet.
Build More Units: Up to two units can be built on each lot, potentially allowing for four units where only one existed.
Streamlined Approvals:
Faster Approval: A ministerial approval process without public hearings speeds up the permitting process for lot splits and duplex construction.
Owner-Occupancy Requirement:
Three-Year Requirement: One of the units must be owner-occupied for at least three years after a lot split to discourage speculative investments.
Zoning and Affordability Protections:
Protection Measures: SB 9 cannot be used to demolish affordable or rent-controlled housing and does not apply to historic districts.
Implications for Homeowners
More Housing Opportunities:
Create additional units for rental income or multigenerational living.
Simplified Development:
Reduced bureaucratic hurdles for faster project completion.
Increased Property Value:
Potentially higher property values due to added units.
Community Impact:
Increased neighborhood density and diversity.
Conclusion
SB 9 is a significant change in California housing policy, making it easier for homeowners to add more housing units and help address the housing shortage.
At EG Modern Construction, we can guide you through the process of planning, designing, and building under SB 9. Contact us today to learn how we can help you maximize the benefits of this new law.