Section 50542 Of Chapter 3.7. The Jobs-housing Balance Improvement Program From California Health And Safety Code >> Division 31. >> Part 2. >> Chapter 3.7.
50542
. It is the intent of the Legislature in enacting this
chapter:
(a) To develop an incentive-based strategy to encourage the
construction of housing in those areas of the state that over the
last decade have experienced the greatest increase in job growth but
have not kept pace with necessary housing. This may include the
construction of infill housing and transit-oriented development that
includes housing, within existing urbanized areas.
(b) To attract new business and new jobs to areas that lack a
sufficient employment base in relation to the housing they already
provide.
(c) To provide local governments with state funding to reward the
approval and construction of housing, particularly housing for
California's working class, in strategically defined areas.