News More Bad News on I-933
You already knew I-933, a “takings” initiative that would force state and local governments to waive zoning, environmental and other land-use regulations or pay landowners to follow them, is crazy expensive and awful for the environment.
But did you know it will also eradicate or endanger incentives to build affordable housing?
Comprehensive planning and implementation through development regulations will become financially infeasible, because state and local governments do not have the funds to pay landowners to comply with existing or future laws.
State and local governments will be unable to regulate to protect residents against
public nuisances or environmental hazards, such as pollution and contamination of
drinking water, unless there is an “immediate threat to human health or safety.”
Hundreds of millions of tax dollars will be diverted from other programs, including
social service and housing programs, to administer the initiative.
Zoning and other land use regulations aimed at preserving or increasing affordable
housing units will become an effective nullity, because agencies will likely waive the
regulations rather than pay landowners.
Read the full memo here.