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CA AB2078
Bill
Status
Introduced
2/5/2020
Primary Sponsor
Ian Calderon
Click for details
AI Summary
- Requires the California Housing Finance Agency to conduct a study identifying financial impediments to developing entitled properties in California.
- Mandates the agency post a report of the study findings on its internet website by January 1, 2022.
- States legislative intent to subsequently authorize the California Housing Finance Agency to provide loans to developers for building housing units.
- Any future loans would require commercial market-rate interest and full repayment by borrowers.
Legislative Description
Housing development.
Last Action
Re-referred to Com. on H. & C.D.
3/17/2020
Committee Referrals
Housing and Community Development3/12/2020
Full Bill Text
No bill text available