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CA SB1403
Bill
AI Summary
- Expresses legislative intent to authorize the issuance of bonds to finance affordable housing development
- Builds on existing Housing and Emergency Shelter Trust Fund Act of 2006, which currently authorizes bonds for various housing programs, infill development, and transit-oriented development
- Does not itself create a bond program, but signals future legislative action on affordable housing bond financing
- Requires majority vote for passage; contains no appropriations or state-mandated local program requirements
Legislative Description
Housing bonds.
Last Action
From committee without further action.
11/30/2016
Committee Referrals
Rules2/19/2016
Full Bill Text
No bill text available