If you are considering buying a home or renting an apartment in Laguna Hills, California, you may be interested in learning more about the city’s housing element. This document provides important information about the city’s current and future housing needs, as well as strategies for meeting those needs. Here are some facts about Laguna Hills’ housing element that you should consider.
The City of Laguna Hills is required by State law to ensure that its housing element is updated every eight years. The most recent version of the Laguna Hills Housing Element was adopted in 2017. This document outlines the city’s current and future housing needs, as well as strategies for meeting those needs.
The housing element outlines the city’s existing housing stock, including its median household income, housing prices, home ownership rates, and rental rates. It also outlines the city’s housing goals, including goals for increasing the city’s supply of affordable housing. The city has set a goal of having 30% of all housing units affordable to households with incomes at or below 80% of the Area Median Income (AMI).
The housing element also outlines the city’s plans for increasing the supply of housing, including plans for redeveloping existing neighborhoods and constructing new housing developments. The city is also pursuing a number of strategies to ensure that existing housing is preserved and protected, including rent stabilization and tenant protections.
The housing element also outlines the city’s plans for improving access to quality housing for all of its residents. This includes plans to promote redevelopment in areas with existing housing, as well as plans to promote housing options that are accessible to people with disabilities.
The housing element is an important document for anyone who is considering buying a home or renting an apartment in Laguna Hills. This document outlines the city’s current and future housing needs, as well as strategies for meeting those needs. By understanding this document, prospective residents can make informed decisions about the type of housing that is available to them in Laguna Hills.