Buffy Wicks
- Democratic
- Assemblymember
- District 14
Author
Under existing law, there are programs providing assistance for, among other things, emergency housing, multifamily housing, farmworker housing, home ownership for very low and low-income households, and downpayment assistance for first-time home buyers. Existing law also authorizes the issuance of bonds in specified amounts pursuant to the State General Obligation Bond Law and requires that proceeds from the sale of these bonds be used to finance various existing housing programs, capital outlay related to infill development, brownfield cleanup that promotes infill development, and housing-related parks. This bill would enact the Affordable Housing Bond Act of 2026, which, if adopted, would authorize the issuance of bonds in the amount of $10,000,000,000 pursuant to the State General Obligation Bond Law. Proceeds from the sale of these bonds would be used to finance programs to fund affordable rental housing and home ownership programs, including, among others, the Multifamily Housing Program, the CalHome Program, and the Joe Serna, Jr. Farmworker Housing Grant Program. This bill would provide for submission of the bond act to the voters at the June 2, 2026, statewide primary election, in accordance with specified law. This bill would declare that it is to take effect immediately as an urgency statute.
In Senate. Read first time. To Com. on RLS. for assignment.
Read third time. Urgency clause adopted. Passed. Ordered to the Senate. (Ayes 65. Noes 11. Page 1980.).
Read second time. Ordered to third reading.
From committee: Do pass. (Ayes 11. Noes 2.) (May 23).
In committee: Set, first hearing. Referred to suspense file.
Read second time and amended.
From committee: Amend, and do pass as amended and re-refer to Com. on APPR. (Ayes 10. Noes 1.) (April 9).
From printer. May be heard in committee March 21.
Introduced measure version corrected.
Read first time. To print.
| Bill Text Versions | Format |
|---|---|
| AB736 | HTML |
| 02/18/25 - Introduced | |
| 04/10/25 - Amended Assembly |
| Document | Format |
|---|---|
| 04/07/25- Assembly Housing and Community Development | |
| 04/28/25- Assembly Appropriations | |
| 05/30/25- ASSEMBLY FLOOR ANALYSIS |
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