Gov. Gavin Newsom is signing a bill that would allow for more homes to be built near transit stations, in an effort to address California's high housing costs.

In a statement Friday , the governor said he is signing Senate Bill 79 , a measure sponsored by state Sen. Scott Wiener (D-San Francisco).

"For too long, California has poured billions into transit without building the housing density needed for those systems to reach their potential," Newsom said.

The governor said having more homes near transit would provide multiple benefits, including boosting ridership, cutting traffic and pollution, lowering housing costs and expanding access to jobs, schools and services.

Newsom added, "The world looks to California for leadership -- it's time to build modern, connected communities tha

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