AB 519 — Affordable Housing Finance Workgroup: affordable housing: consolidated application and coordinated review process.

Summary

Existing law establishes the Department of Housing and Community Development and sets forth its powers and duties, including promoting the development of affordable housing in the state. Existing law creates the California Housing Finance Agency within the Business, Consumer Services, and Housing Agency and authorizes the agency to make loans to finance affordable housing. Existing law establishes the California Tax Credit Allocation Committee to allocate specified federal low-income housing tax credits. Existing law also establishes the California Debt Limit Allocation Committee for the purpose of implementing the volume limit for the state on private activity bonds established pursuant to federal law. Under existing law, the committee's duties include annually determining a state ceiling on the aggregate amount of private activity bonds that may be issued, and allocating that amount among state and local agencies. This bill would require specified reviewing entities, as defined as the above-described entities, to jointly convene an Affordable Housing Finance Workgroup to develop recommendations for state-administered programs to utilize a consolidated application for multifamily affordable rental housing developers to use to obtain grants, soft loans, low-income housing tax credits, tax exempt bonds, federal funds, as applicable, and other types of subsidies for building affordable housing, and develop a coordinated review process for the application, as described. The bill would require the workgroup to include representatives of the reviewing entities, nonprofit and for-profit affordable housing developers, and local and tribal governments. The bill would require the workgroup to identify specified information, including any state-administered program that may utilize the consolidated application and coordinated review process, and a timeline for developing a single consolidated application and coordinated review process. On or before, July 1, 2026, the bill would require the workgroup to report recommendations on implementing a single consolidated application and coordinated review process to the reviewing entities, the Legislature, and certain committees of the Legislature. The bill would require the reviewing entities to develop and report to the Legislature a plan to update state-administered programs that may utilize the consolidated application and coordinated review process based on the recommendations of the workgroup on or before January 1, 2027, as specified.

Bill Text

• Chaptered 10/11/23 - Chaptered Current pdf October 11, 2023
• Enrolled 09/18/23 - Enrolled pdf September 18, 2023
• Amended 09/01/23 - Amended Senate pdf September 01, 2023
• Amended 07/03/23 - Amended Senate pdf July 03, 2023
• Amended 04/17/23 - Amended Assembly pdf April 17, 2023
• Introduced 02/07/23 - Introduced pdf February 07, 2023
• AB519 View text html

Action History

1. October 11, 2023

   Chaptered by Secretary of State - Chapter 742, Statutes of 2023.

2. October 11, 2023

   Approved by the Governor.

3. September 21, 2023

   Enrolled and presented to the Governor at 3:30 p.m.

4. September 14, 2023

   Senate amendments concurred in. To Engrossing and Enrolling. (Ayes 80. Noes 0. Page 3547.).

5. September 13, 2023

   In Assembly. Concurrence in Senate amendments pending.

6. September 13, 2023

   Read third time. Passed. Ordered to the Assembly. (Ayes 39. Noes 0. Page 2765.).

7. September 08, 2023

   Ordered to special consent calendar.

8. September 05, 2023

   Read second time. Ordered to third reading.

9. September 01, 2023

   Read second time and amended. Ordered returned to second reading.

10. September 01, 2023

    From committee: Amend, and do pass as amended. (Ayes 7. Noes 0.) (September 1).

11. August 21, 2023

    In committee: Referred to APPR suspense file.

12. August 09, 2023

    In committee: Hearing postponed by committee.

13. July 11, 2023

    From committee: Do pass and re-refer to Com. on APPR with recommendation: To Consent Calendar. (Ayes 11. Noes 0.) (July 10). Re-referred to Com. on APPR.

14. July 03, 2023

    From committee chair, with author's amendments: Amend, and re-refer to committee. Read second time, amended, and re-referred to Com. on HOUSING.

15. June 14, 2023

    Referred to Com. on HOUSING.

16. June 01, 2023

    In Senate. Read first time. To Com. on RLS. for assignment.

17. May 31, 2023

    Read third time. Passed. Ordered to the Senate. (Ayes 80. Noes 0. Page 2052.)

18. May 18, 2023

    Read second time. Ordered to third reading.

19. May 18, 2023

    From committee: Do pass. (Ayes 15. Noes 0.) (May 18).

20. May 18, 2023

    Joint Rule 62(a), file notice suspended. (Page 1580.)

21. May 17, 2023

    In committee: Set, first hearing. Referred to APPR. suspense file.

22. April 27, 2023

    From committee: Do pass and re-refer to Com. on APPR. with recommendation: To Consent Calendar. (Ayes 8. Noes 0.) (April 26). Re-referred to Com. on APPR.

23. April 19, 2023

    In committee: Set, first hearing. Hearing canceled at the request of author.

24. April 18, 2023

    Re-referred to Com. on H. & C.D.

25. April 17, 2023

    From committee chair, with author's amendments: Amend, and re-refer to Com. on H. & C.D. Read second time and amended.

26. February 17, 2023

    Referred to Com. on H. & C.D.

27. February 08, 2023

    From printer. May be heard in committee March 10.

28. February 07, 2023

    Read first time. To print.

Sponsors

• Pilar Schiavo · Primary
• Juan Carrillo · Cosponsor
• McCarty · Cosponsor
• Stephanie Nguyen · Cosponsor
• James C. Ramos · Cosponsor
• Blanca E. Rubio · Cosponsor
• Robert Rivas · Cosponsor

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