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CA AB1827
Bill
AI Summary
- Enacts the No Place Like Home Act of 2018 to allow expenditure of Mental Health Services Fund moneys for permanent supportive housing for individuals with severe mental illness who are homeless or at risk of chronic homelessness
- Authorizes the California Health Facilities Financing Authority to issue up to $2,000,000,000 in revenue bonds to finance acquisition, design, construction, rehabilitation, or preservation of supportive housing
- Permits single-year or multiyear service contracts between the authority and Department of Housing and Community Development with payments from the Supportive Housing Program Subaccount in the Mental Health Services Fund
- Allows Legislature to appropriate up to $140,000,000 per year from Mental Health Services Fund to the Supportive Housing Program Subaccount for transfer to the No Place Like Home Fund, reducing authorized but unissued bonds by that amount
- Submits the No Place Like Home Act of 2018 to voters at the November 6, 2018 statewide general election and takes effect immediately upon voter approval
Legislative Description
No Place Like Home Act of 2018.
Last Action
Chaptered by Secretary of State - Chapter 41, Statutes of 2018.
6/27/2018
Committee Referrals
Budget and Fiscal Review5/24/2018
Rules5/10/2018
Budget1/29/2018
Full Bill Text
No bill text available