Building an Affordable Future

Assemblymember Dr. Corey A. Jackson Advances Legislation to Lower Home Prices and Increase Housing Stock

 

SACRAMENTO — Assemblymember Dr. Corey A. Jackson (D-Moreno Valley) has taken decisive action to address California’s housing crisis by authoring AB 317, the First Time Homeowner Act, a bill designed to boost affordable housing production by eliminating unnecessary regulatory delays. The legislation passed the Assembly Floor last week with strong bipartisan support and now heads to the Senate.

 

California faces a shortage of up to 2 million homes, driving the median price above $800,000. AB 317 directly addresses this by making it easier to build affordable starter homes, especially in underserved regions like the Inland Empire.

 

AB 317 creates a targeted exemption from the California Environmental Quality Act (CEQA) for modest, first-time homebuyer developments. It applies to homes 1,500 square feet or less, with no more than three bedrooms, priced under $400,000, and built specifically for first-time buyers. By streamlining the approval process for these homes, the bill aims to increase supply and reduce costs for working families.

 

“This bill is a commitment to first-time homebuyers and to making California more affordable,” said Assemblymember Dr. Corey A. Jackson. “We can protect the environment and still cut through red tape that blocks families from owning a home. AB 317 is about building homes faster, affordable, and for the future of our communities.”

 

Dr. Jackson’s leadership directly challenges the idea that Democrats are not serious about lowering costs for Californians. AB 317 is a common-sense solution: build more homes, build them faster, and bring down prices through increased supply.