California Supreme Court
Apr. 10, 2015
CA Supreme Court reluctant to rule against affordable housing laws
The city of San Jose's requirement that developers build below-market rate homes may amount to illegal seizure of property rights, but justices fear upending 170 similar laws statewide
Daily Journal Staff Writer
LOS ANGELES - Justices of the state's highest court expressed doubts Wednesday over whether a San Jose law requiring developers to set aside 15 percent of new housing units for low- and mid-income buyers or pay a fee amounted to the city illegally seizing a portion of the owner's property interest, as the California Building Industry Association has argued.
In a case potentially affecting...
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