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  • VICA Welcomes Important Step in Removal of Barrier to Affordable Housing

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    Van Nuys, Calif. – The Valley Industry & Commerce Association (VICA) applauds the passage of SCA 1 (Allen / Wiener) on the California Senate floor, which would place a measure on the 2020 ballot to allow the state to authorize the construction of low-rent housing projects financed in whole or in part by the state without approval from local voters.
    VICA President Stuart Waldman said:
    California is in a housing crisis, and we support this measure to ease the construction of affordable housing units.
    “These units will still need to comply with California’s extensive environmental laws and local planning process. Currently, complying with Article 34 can add anywhere between $10,000 and $80,000 to the cost of building a new low-rent home.
    “Senate approval of SCA 1 today is an important step, and we urge the Assembly to continue moving this piece of legislation forward in 2020.”
    The mission of the Valley Industry & Commerce Association (VICA) is to enhance the economic vitality of the greater San Fernando Valley region by advocating for a better business climate and quality of life. Visit www.vica.com for more information.
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