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Politics

State Legislature

An Act to Expand Affordable Housing Production and Tenant Stability in California

Status: DebateState: CaliforniaIssue: Housing

Summary

This bill would try to boost affordable housing in California by speeding up approvals for qualifying infill and mixed-income projects, while offering tax credits and low-interest financing to convert vacant commercial and public buildings into housing. It also gives grants to local governments that adopt anti-displacement policies like emergency rental assistance, eviction right-to-counsel, and tenant preservation plans in high-rent areas.

Full text

Be it enacted by the State Legislature of California that the state shall establish a targeted housing acceleration program to increase affordable housing production and reduce displacement in high-cost urban areas by streamlining permitting and environmental review for qualifying infill and mixed-income developments, creating tax credits and low-interest financing for adaptive reuse of vacant commercial and underused public buildings into affordable housing, and providing grant support to local governments that adopt anti-displacement measures including emergency rental assistance, right-to-counsel in eviction proceedings, and preservation plans for tenants in neighborhoods facing sharp rent increases.

Sponsor

Malcolm PriceDemocratic Party

Cosponsors

None yet

Voting

Voting has not opened yet. It will become available after floor debate concludes.