CA AB1929

Requires the California Housing Finance Agency to release unencumbered Mental Health Services Act (MHSA) funds to counties upon written request, with concurrence of the State Department of Health Care Services.

Directs counties receiving released MHSA funds to use them for housing assistance to individuals with serious mental illness, including homeless mentally ill persons and those at risk of homelessness.

Defines "housing assistance" to include rental assistance, security deposits, utility payments, moving costs, and capital funding to build or rehabilitate housing.

Requires counties administering released funds to comply with all MHSA requirements and reporting procedures.

Declares the act clarifies procedures and terms of the Mental Health Services Act, allowing passage by majority vote rather than the supermajority typically required for MHSA amendments.