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California Gov. Newsom Signs HOA Bill that Could Raise Fees for Millions

The law requires many associations to study 30-year reserves and could force at least 15% of annual budgets into savings starting in 2032.

Summary by thecooldown.com
California Governor Gavin Newsom signed a California bill that could leave many people in HOA communities paying more through higher monthly dues or special assessments.

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BIASC: SCAG'S SB 1087 "HOUSING KILLER" IS NOW LAW -- SOUTHERN CALIFORNIA DESERVES MAJOR SCAG REFORM

Building Industry says SCAG-backed legislation could increase housing costs, undermine local decision-making and raises serious questions about regional accountability.

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thecooldown.com broke the news on Wednesday, September 30, 2026.
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