What Real Estate Attorneys Need to Know About the Use of the “Builder’s Remedy”

What Real Estate Attorneys Need to Know About the Use of the “Builder’s Remedy”
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About this program

The subject of creating affordable housing in California is constantly in the news but we do not seem to be making great progress in the state’s urban areas.

There are many reasons - political, economic, social -- which come into play. For example, how do we incentivize developers to tackle projects which include (or totally consist of) low or very low income residential units? How do we convince local communities to accept housing components which they otherwise might reject on “NIMBY” (not in my backyard) grounds? What controls does the state possess to compel cities and counties to assure that their housing element plans comport with affordability needs?

This is where the Housing Accountability Act and its “Builder’s Remedy” feature have emerged as an instrument to change the legal landscape, becoming a very hot topic for real estate lawyers, developers, urban planners and local government leaders. Our speakers will describe the history of the Builder’s Remedy, its uses to date (including projects which they are personally working on) and what they see as its short-term and long-term impacts.
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This OnDemand CLE program earns 1 hour of General credit in California. It aired June 10, 2024 and features Aaron Belliston, Matt Gelfand, and Leo Pustilnikov.

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