SB 813

  • California Senate Bill
  • 2009-2010 Regular Session
  • Introduced in Senate Feb 27, 2009
  • Passed Senate May 14, 2009
  • Passed Assembly Sep 11, 2009
  • Governor

Community development: deferred payment future value loan programs.

Abstract

Under existing law, there are programs providing assistance for, among other things, multifamily housing, emergency housing, farmworker housing, home ownership for very low and low-income households, and downpayment assistance for first-time home buyers administered by the Department of Housing and Community Development. The Joe Serna, Jr. Farmworker Housing Grant Program provides grants and loans for the construction or rehabilitation of housing for agricultural employees and their families or for the acquisition of manufactured housing to address and remedy the impacts of displacement of farmworker families. The CalHome Program provides grants and loans to enable low- and very low income households to become or remain homeowners. The Building Equity and Growth in Neighborhoods (BEGIN) Program is established to make grants and loans to be used for downpayment assistance to qualifying first-time home buyers of low- and moderate-incomes purchasing newly constructed homes in a BEGIN project. Existing federal law establishes the HOME Investment Partnership Act, which allocated funds to states and local governments to eligible states to, among other things, expand the supply of affordable housing. The department is the state agency responsible for the state's allocation of HOME funds. This bill would make legislative findings and declarations relating to the securitization of second mortgage loans with funds made available by the department. The bill would authorize, for the purposes of each of the above programs, a grant or loan for an individual household to include a deferred payment future value loan due on sale or transfer, or when the property ceases to be owner-occupied, as specified. The bill would require the department to implement its provisions through guidelines exempt from a specified provision of existing law.

Bill Sponsors (1)

Votes


Actions


Jan 19, 2010

Senate

Stricken from Senate file.

Oct 11, 2009

Senate

In Senate. To unfinished business. (Veto)

Senate

Vetoed by Governor.

Sep 28, 2009

California State Legislature

Enrolled. To Governor at 1 p.m.

Sep 12, 2009

Senate

Senate concurs in Assembly amendments. (Ayes 25. Noes 13. Page 2445.) To enrollment.

Sep 11, 2009

Senate

In Senate.

Senate

From committee: That the Assembly amendments be concurred in. (Ayes 7. Noes 2. Page 2469.)

Senate

From committee: Pursuant to Senate Rule 29.10 be re-referred to Com. on T. & H. (Ayes 3. Noes 0. Page 2410.) Re-referred to Com. on T. & H.

  • Referral-Committee
  • Committee-Passage
Com. on T. & H. (Ayes 3. Noes 0. Page 2410.) Re-referred to Com. on T. & H.

Senate

Re-referred to Com. on RLS. pursuant to Senate Rule 29.10.

  • Referral-Committee
Com. on RLS. pursuant to Senate Rule 29.10.

Assembly

Read third time. Passed. (Ayes 51. Noes 28. Page 3340.) To Senate.

Sep 04, 2009

Assembly

Read third time. Amended. (Page 3038.) To third reading.

Sep 01, 2009

Assembly

Read second time. To third reading.

Aug 31, 2009

Assembly

From committee: Do pass as amended. (Ayes 12. Noes 5.)

Assembly

(Heard in committee on August 27.)

Assembly

Read second time. Amended. To second reading.

Assembly

(Corrected September 3.)

Aug 19, 2009

Assembly

Set, first hearing. Referred to APPR. suspense file.

  • Referral-Committee
APPR. suspense file. APPR

Aug 17, 2009

Assembly

From committee with author's amendments. Read second time. Amended. Re-referred to Com. on APPR.

  • Reading-1
  • Referral-Committee
  • Reading-2
  • Committee-Passage
Com. on APPR.

Jul 14, 2009

Assembly

Read second time. Amended. Re-referred to Com. on APPR.

  • Referral-Committee
  • Reading-2
  • Reading-1
Com. on APPR.

Jul 13, 2009

Assembly

(Heard in committee on July 8.)

Assembly

From committee: Do pass as amended, but first amend, and re-refer to Com. on APPR. (Ayes 4. Noes 2.)

Jul 01, 2009

Assembly

From committee with author's amendments. Read second time. Amended. Re-referred to Com. on H. & C.D.

  • Reading-1
  • Referral-Committee
  • Reading-2
  • Committee-Passage
Com. on H. & C.D.

May 28, 2009

Assembly

To Com. on H. & C.D.

May 14, 2009

Assembly

In Assembly. Read first time. Held at Desk.

Senate

Read third time. Passed. (Ayes 36. Noes 0. Page 896.) To Assembly.

May 12, 2009

Senate

Read second time. Amended. To third reading.

May 11, 2009

Senate

From committee: Do pass as amended. (Ayes 4. Noes 0. Page 809.)

Mar 24, 2009

Senate

Set for hearing May 6.

Mar 19, 2009

Senate

To Com. on L. GOV.

Mar 02, 2009

Senate

Read first time.

Feb 28, 2009

Senate

From print. May be acted upon on or after March 30.

Feb 27, 2009

Senate

Introduced. To Com. on RLS. for assignment. To print.

Bill Text

Bill Text Versions Format
SB813 HTML
02/27/09 - Introduced PDF
05/12/09 - Amended Senate PDF
07/01/09 - Amended Assembly PDF
07/14/09 - Amended Assembly PDF
08/17/09 - Amended Assembly PDF
08/31/09 - Amended Assembly PDF
09/04/09 - Amended Assembly PDF
09/15/09 - Enrolled PDF

Related Documents

Document Format
No related documents.

Sources

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