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CA SB330
Bill
AI Summary
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Requires the Los Angeles Community College District governing board to develop and implement a pilot program providing affordable housing to students or employees of the district
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Prioritizes low-income students experiencing homelessness for affordable housing units, with homelessness status verified by homeless services providers or the district
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Authorizes the district to lease property to nonprofit entities, private parties, or corporations for up to 66 years to construct and operate affordable housing, with flexibility on rental fees if the buildings serve as affordable housing
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Permits the district to lease real property at less than fair rental value to entities developing affordable housing for students or employees of the district
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Requires the district to submit a report to the Legislature by January 1, 2032 with findings and recommendations on the program's success; the pilot program repeals on January 1, 2033
Legislative Description
Los Angeles Community College District Affordable Housing Pilot Program.
Last Action
Chaptered by Secretary of State. Chapter 572, Statutes of 2021.
10/6/2021