Legislative leaders and Gov. Jerry Brown have reached a deal on a trio housing bills expected to spur new construction across the state and begin digging California out of an unprecedented housing shortage that has led to soaring rents, mass evictions and a homeownership rate at its lowest point since World War II. The bills – controversial measures that have been the subject of intense negotiations for weeks – serve as the backbone of a broader housing package aimed at speeding up the development process, easing land-use regulations and generating billions of dollars for affordable housing and homelessness assistance.
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