CA SB9

Expands definition of "exempt surplus land" to include properties where a local agency entered into an exclusive negotiation agreement before September 1, 2020, for affordable housing development meeting specified affordability requirements.

Allows local agencies that issued competitive requests for proposals as of September 30, 2019, for developments with at least 100 residential units (25% affordable) to use pre-2020 surplus land procedures if a disposition and development agreement is entered into by December 31, 2022, with disposition deadline of March 31, 2024.

Revises state agency procedures for selling surplus residential property to prioritize sales to present tenants (5+ years occupancy at fair market value), then historic home preservation, then housing-related entities at original acquisition price with 55-year affordability covenants.

Prohibits surplus residential property from being sold below the original acquisition price paid by the Department of Transportation, with no inflation adjustments allowed.

Requires Department of Transportation to adopt emergency regulations by June 1, 2021, to implement these provisions, with emergency regulations remaining in effect for 2 years or until permanent regulations are adopted.