CA SJR6

Requests Congress to enact the bipartisan Affordable Housing Credit Improvement Act (S. 1136 and H.R. 2573) and President Joe Biden to sign it into law

Reduces the federal 50-percent test requirement for low-income housing tax credits to 25 percent, eliminating a major impediment to affordable housing development in California

Aims to enable construction of 2 million additional affordable rental homes nationally over 10 years, including 330,000 units in California

Addresses California's need for 1.2 million new affordable homes over the next decade while 70 percent of low-income and 90 percent of extremely low-income households are housing cost burdened

Directs the California Secretary of the Senate to transmit the resolution to federal officials and California's Congressional delegation