Office conversion projects.
AB 1532 imposes significant changes to state law by streamlining the process for developers wishing to convert office spaces into residential units. The measure further mandates that at least 10% of the units created must be set aside for low- or moderate-income families, thus addressing the pressing issue of affordable housing. Furthermore, local governments are restricted from imposing certain fees for these conversions, ensuring that the cost of such projects remains manageable for developers. The Department of Housing and Community Development will oversee the establishment of a grant program to fund these conversions, further bolstering the aim to increase housing stock in urban areas.
Assembly Bill 1532, introduced by Assembly Member Haney, seeks to facilitate the conversion of office buildings into residential units. The bill defines 'office conversion project' as transforming a building used for office purposes, or a vacant office structure, into residential dwelling units. This initiative aims to alleviate California's housing crisis by allowing such conversion projects to be classified as 'use by right' across all zoning designations. This means that local governments cannot require conditional use permits or discretionary reviews, expediting the approval process for these projects.
While AB 1532 presents an innovative solution to housing shortages, it has sparked discussions regarding local control and the potential for a one-size-fits-all approach to zoning regulations. Some local officials and housing advocates argue that the bill undermines municipal authority, hindering local governments' abilities to address specific community needs and concerns related to housing development. Additionally, the long-term impact on urban planning and the conversion of office spaces during economic fluctuations remains a point of contention among stakeholders.