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This law could ease the building of apartment towers in California's biggest cities

Officials introduce statewide fund to boost construction
A proposed 67-story, mixed-use tower at 10 S. Van Ness Ave. in downtown San Francisco is a poster project for proposed legislation in California that aims to encourage high-rise housing in urban business districts. (CoStar)
A proposed 67-story, mixed-use tower at 10 S. Van Ness Ave. in downtown San Francisco is a poster project for proposed legislation in California that aims to encourage high-rise housing in urban business districts. (CoStar)

California lawmakers, after years of easing zoning rules to allow more housing near mass transit, are turning to what developers say remains the biggest obstacle: financing.

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