California AB2263 enables the Santa Clara Valley Transportation Authority to develop employee housing and transit-oriented joint development projects.

California AB2263 amends the Public Utilities Code to allow the Santa Clara Valley Transportation Authority to develop employee housing and transit-oriented joint development projects. These projects must comply with local land use and zoning regulations and be located within a quarter mile of a transit facility. Employee housing units must be affordable to lower or moderate-income households and subject to affordability restrictions for at least 45 years. The authority must submit annual reports to the Legislature detailing development plans and the status of employee housing projects.

California AB2263 enables the Santa Clara Valley Transportation Authority to develop employee housing and transit-oriented joint development projects.

California AB2263 amends the Public Utilities Code to allow the Santa Clara Valley Transportation Authority to develop employee housing and transit-oriented joint development projects. These projects must comply with local land use and zoning regulations and be located within a quarter mile of a transit facility. Employee housing units must be affordable to lower or moderate-income households and subject to affordability restrictions for at least 45 years. The authority must submit annual reports to the Legislature detailing development plans and the status of employee housing projects.