SB 490

  • California Senate Bill
  • 2021-2022 Regular Session
  • Introduced in Senate Feb 17, 2021
  • Senate
  • Assembly
  • Governor

Housing acquisition and rehabilitation: technical assistance.

Abstract

Existing law establishes the Department of Housing and Community Development in the Business, Consumer Services, and Housing Agency, and requires the department to administer various housing programs throughout the state, including the Affordable Housing Revolving Development and Acquisition Program with the purpose of funding the acquisition of property to develop or preserve affordable housing. This bill would establish the Housing Acquisition and Rehabilitation Technical Assistance Program, with the purpose of providing technical assistance to qualified entities engaged in acquisition-rehabilitation projects. The bill would defined "acquisition-rehabilitation project" as a project to acquire and preserve unsubsidized housing units and attaching long-term affordability restrictions on the housing units. The bill would define "qualified entity" to include an eligible nonprofit corporation, community land trust, public housing authority, a nonprofit, limited-equity, or workforce housing cooperative, a resident association or organization, and a local or regional government agency administering an acquisition-rehabilitation project funding program. The bill would require the department, in developing and administering the program, to develop best practices for the development and ongoing operation of acquisition-rehabilitation projects, support qualified entities in applying for state acquisition-rehabilitation funding, and develop technical assistance tools. The bill would require the department to contract with third-party consultants to assist with the development, implementation, and administration of the program, as specified. The bill would create the Housing Acquisition and Rehabilitation Technical Assistance Fund within the State Treasury and would continuously appropriate all moneys in the fund to the department for purposes of developing, implementing, and administering the program. The bill would additionally transfer $800,000 from the General Fund to the fund for the purpose of implementing and administering the program.

Bill Sponsors (3)

Votes


Actions


Apr 21, 2021

Senate

Set for hearing May 3.

Apr 15, 2021

Senate

From committee: Do pass and re-refer to Com. on APPR. (Ayes 8. Noes 0.) (April 15). Re-referred to Com. on APPR.

  • Committee-Passage
  • Committee-Passage-Favorable
  • Referral-Committee
Com. on APPR.

Apr 06, 2021

Senate

Set for hearing April 15.

Apr 05, 2021

Senate

April 29 hearing postponed by committee.

Mar 26, 2021

Senate

Set for hearing April 29.

Feb 25, 2021

Senate

Referred to Com. on HOUSING.

  • Referral-Committee
Com. on HOUSING.

Feb 22, 2021

Senate

Joint Rule 55 suspended. (Ayes 32. Noes 4. Page 272.)

Senate

(Ayes 32. Noes 4.)

Senate

Art. IV. Sec. 8(a) of the Constitution dispensed with.

Feb 18, 2021

Senate

From printer. May be acted upon on or after March 20.

Feb 17, 2021

Senate

Introduced. Read first time. To Com. on RLS. for assignment. To print.

Bill Text

Bill Text Versions Format
SB490 HTML
02/17/21 - Introduced PDF

Related Documents

Document Format
No related documents.

Sources

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