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Updated:   2026-04-07

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Measure
Authors Gabriel  
Subject Housing programs: financing.
Relating To relating to housing.
Title An act to add Section 50406.4.7 to the Health and Safety Code, relating to housing.
Last Action Dt 2026-03-09
State Amended Assembly
Status In Committee Process
Flags
Vote Req Approp Fiscal Cmte Local Prog Subs Chgs Urgency Tax Levy Active?
Majority No Yes No None No No Y
i
Leginfo Link  
Bill Actions
2026-04-02     In committee: Set, first hearing. Hearing canceled at the request of author.
2026-03-10     Re-referred to Com. on H. & C.D.
2026-03-09     Referred to Com. on H. & C.D.
2026-03-09     From committee chair, with author's amendments: Amend, and re-refer to Com. on H. & C.D. Read second time and amended.
2026-02-21     From printer. May be heard in committee March 23.
2026-02-20     Read first time. To print.
Versions
Amended Assembly     2026-03-09
Introduced     2026-02-20
Analyses TBD
Latest Text Bill Full Text
Latest Text Digest

Existing law establishes the Department of Housing and Community Development and requires it to administer various programs intended to promote the development of housing, as specified, pursuant to which the department provides financial assistance in the form of deferred payment loans to pay for the eligible costs of development of specified types of housing projects. Existing law sets forth various general powers of the department in implementing these programs, including authorizing the department to enter into long-term contracts or agreements of up to 30 years for the purpose of servicing loans or grants or enforcing regulatory agreements or other security documents.

This bill would permit the department to waive payment of residual receipts or minimum annual loan payments required under a department regulatory agreement.