Another significant provision of S.B. 423: it expands the streamlining to market-rate projects.

Source: https://www.ocregister.com/2023/08/25/coastal-cities-dont-want-to-do-their-part-to-accommodate-needed-housing-construction/

Besides market-rate single-family homes, the master-planned community will include for-sale courtyard cottages, townhomes and duplexes better priced to meet the needs of first-time buyers, growing families and older adults looking to downsize.

Source: https://www.denverpost.com/2023/10/01/uplands-finally-breaks-ground-contested-farmland-westminster/

Instead, it creates market-rate housing.”

Source: https://myedmondsnews.com/2023/02/reader-view-house-and-senate-bills-will-not-build-affordable-housing/

Q: We rented a market-rate apartment on the second floor of an older building on the Upper East Side with a vacant retail space below it.

Source: https://www.nytimes.com/2023/03/04/realestate/the-odors-from-the-restaurant-downstairs-are-ruining-my-life.html

Site work is underway for the new Alta Narrows Urban Village (located on the site of the old AMC Theater and Narrows Plaza Bowl) that will be a new market-rate apartment community to include 274 residential apartments in a total of nine buildings.

Source: https://thesubtimes.com/2023/01/12/whats-up-with-biz-u-p-business-snapshot/

“We have to have more housing available, that can be market-rate housing, apartment subsidized housing, we just need more housing,” St. Peter said.

Source: https://ktar.com/story/5545900/heres-an-inside-look-at-living-in-phoenixs-the-zone-homeless-encampment/