Anna Caballero
- Democratic
- Senator
- District 14
Author
Existing law establishes the Department of Housing and Community Development in the Business, Consumer Services, and Housing Agency and makes the department responsible for administering various housing programs throughout the state, including, among others, the Multifamily Housing Program and the California Emergency Solutions Grants Program. Existing law, upon appropriation, authorizes the department to make either or both loans and grants to rehabilitate, capitalize operating subsidy reserves for, and extend the long-term affordability of department-funded housing projects that have an affordability restriction that has expired, that have an affordability restriction with a remaining term of less than 10 years, or are otherwise at risk for conversion, as provided. This bill would establish the Community Anti-Displacement and Preservation Program for purposes of funding the acquisition and rehabilitation of unrestricted housing units, as defined, and attaching long-term affordability restrictions on the housing units, while safeguarding against the displacement of current residents. The bill would require the department to issue a request for qualification to select a private sector entity or consortium to manage the program for a period of 5 years. The bill would require the program manager to make loans to eligible borrowers, as defined, based on underwriting guidelines approved by the department. The bill would authorize the department to issue grants or loans from program funds to local public entities upon request for purposes of allowing the local public entity to use the moneys to issue loans to eligible borrowers within its jurisdiction in accordance with the bill's provisions and department regulations. This bill would apply specified tenant protections to projects funded by the program and would require the department to develop technical assistance and capacity building for the development and ongoing operation of projects funded pursuant to the program, as specified. This bill would establish the Community Anti-Displacement and Preservation Fund in the State Treasury. The bill would make moneys available to the department for purposes of the program, upon appropriation by the Legislature. The bill would set forth requirements for the use of moneys in the fund.
Ordered to inactive file on request of Assembly Member Aguiar-Curry.
Read second time. Ordered to third reading.
From committee: Do pass. (Ayes 11. Noes 2.) (August 15).
August 7 set for first hearing. Placed on suspense file.
Re-referred to Com. on APPR. pursuant to Assembly Rule 96.
Read second time and amended. Re-referred to Com. on A. & A.R.
From committee: Do pass as amended and re-refer to Com. on A. & A.R. (Ayes 6. Noes 1.) (June 21).
Referred to Coms. on H. & C.D. and A. & A.R.
In Assembly. Read first time. Held at Desk.
Read third time. Passed. (Ayes 33. Noes 4. Page 1269.) Ordered to the Assembly.
From committee: Do pass. (Ayes 5. Noes 1. Page 1161.) (May 18).
Read second time. Ordered to third reading.
Set for hearing May 18.
April 24 hearing: Placed on APPR suspense file.
Set for hearing April 24.
From committee: Do pass and re-refer to Com. on APPR. (Ayes 11. Noes 0. Page 655.) (April 11). Re-referred to Com. on APPR.
Set for hearing April 11.
From committee: Do pass and re-refer to Com. on G.O. (Ayes 8. Noes 0. Page 452.) (March 21). Re-referred to Com. on G.O.
From committee with author's amendments. Read second time and amended. Re-referred to Com. on HOUSING.
Set for hearing March 21.
From printer. May be acted upon on or after February 19.
Introduced. Read first time. To Com. on RLS. for assignment. To print.
| Bill Text Versions | Format |
|---|---|
| SB225 | HTML |
| 01/19/23 - Introduced | |
| 03/13/23 - Amended Senate | |
| 06/22/23 - Amended Assembly |
| Document | Format |
|---|---|
| 03/17/23- Senate Housing | |
| 04/07/23- Senate Governmental Organization | |
| 04/21/23- Senate Appropriations | |
| 05/20/23- Sen. Floor Analyses | |
| 06/19/23- Assembly Housing and Community Development | |
| 08/05/24- Assembly Appropriations | |
| 08/19/24- ASSEMBLY FLOOR ANALYSIS |
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