
Yes, you are reading that correctly: California Housing and Community Development has assigned 1,359,750 units of additional housing to Southern California cities and counties to plan for.
For comparison, the 6th Cycle Regional Housing Determination Needs was 1,341,827 units, which ultimately resulted in Costa Mesa being assigned the 11,760 units that has been torturing it for the last five years.
Affordability requirements appear to be deeper this time around, too, and the allowances for above moderate income housing has gotten smaller. Here is the 6th Cycle affordability breakdown matrix; note that for the 7th Cycle, HCD has created a new “acutely low” income category compared to last cycle:

This is obviously going to develop further, but man, that’s a tough number, even for a YIMBY like me.

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