Real Estate/Development
Apr. 25, 2024
California and Malibu reach agreement on housing
The new element is expected to allow for the development of 79 housing units, 47 of which must be affordable to low- and very low-income households.
The City of Malibu will adopt a new housing element that brings it into compliance with California law by September, per a proposed stipulated judgment announced Wednesday and subject to court approval.
The new element is expected to allow for the development of 79 housing units, 47 of which must be affordable to low- and very low-income households. The city’s current housing element was found to be in violation of the state’s Housing Ele...
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