– A 32-acre lot in the California Bay Area will be developed into housing, according to a new law signed by Gov. Gavin Newsom.
– The new law will allow for the development of up to 2,400 housing units on the lot.
– This is a welcome development for the Bay Area, which has been struggling with a housing shortage for many years.

The state of California has been facing a housing crisis for many years now. The Bay Area, in particular, has been struggling to keep up with the demand for housing. There are simply not enough homes for all of the people who want to live there. This has led to astronomical housing costs and a shortage of affordable housing.

The new law signed by Governor Gavin Newsom will allow for the development of up to 2,400 housing units on a 32-acre lot in the Bay Area. This is a welcome development that will help to ease the housing shortage in the area. It is hoped that this will lead to lower housing costs and more affordable housing options for Bay Area residents.

You can read this full article at: https://www.housingwire.com/articles/abandoned-bay-area-land-will-be-developed-into-housing/(subscription required)

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