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Tribune News Service
Tribune News Service
Business
Ethan Varian

California signs off on Oakland’s plan to add 26,000 new homes

State regulators have signed off on Oakland’s plan to add at least 26,000 new homes over the next decade — meaning the Bay Area’s third-largest city is no longer at risk of missing out on crucial funding or losing control over local development rules.

Under state law, cities must come up with plans — dubbed “housing elements” — explaining how and where they aim to accommodate significantly more housing for residents of all income levels between 2023 and 2031.

Bay Area cities and counties were supposed to send adopted housing plans to the state by Jan. 31, but most blew the deadline. And so far, just five local governments have received final approval from state officials. That list now includes Oakland, San Francisco, Emeryville, San Leandro and the city of Alameda.

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