AMENDED IN SENATE AUGUST 2, 2022
AMENDED IN ASSEMBLY MARCH 28, 2022
CALIFORNIA LEGISLATURE— 2021–2022 REGULAR SESSION
95
CHAPTER 207
Statutes of 2022
[ Approved by Governor August 29, 2022. Filed with Secretary of State August 29, 2022. ]
Introduced by Assembly Member Reyes
February 15, 2022
An act to add Section 50650.35 to the Health and Safety Code, relating to housing.
Vote: majority Appropriation: no Fiscal committee: yes Local program: no
LEGISLATIVE COUNSEL’S DIGEST
Existing law establishes the CalHome Program, administered by the Department of Housing and Community Development, to support existing home ownership programs aimed at lower and very low income households, among other purposes. Under the CalHome program, the department issues grants and loans to local public agencies and nonprofit corporations for specified purposes, including the construction of home ownership units.
This bill would require the department to consider setting higher per-unit and total project allocations based on local development costs when appropriate. The bill would also require the department to consider adjustments to the maximum unit and project allocations for each new round of funding.
The people of the State of California do enact as follows:
SECTION 1.
Section 50650.35 is added to the Health and Safety Code, immediately following Section 50650.3, to read:
50650.35.
(a) In allocating grants to local public agencies or nonprofit corporations for new construction of home ownership units, the department shall consider setting higher per-unit and total project allocations based on local development costs when appropriate.
(b) The department shall consider adjustments to the maximum unit and project allocations for each new round of funding for new construction of home ownership units.