CA SB1079

Authorizes issuance of $1,000,000,000 in state general obligation bonds to finance the Youth Housing Program, with $100,000,000 designated for youth centers and $900,000,000 for youth housing.

Requires the Department of Housing and Community Development to award funds to local agencies, nonprofit organizations, and joint ventures for acquiring, renovating, constructing, and equipping youth centers and youth housing facilities.

Establishes that at least 50% of youth housing funds must serve homeless youth, with a maximum of 50% for current or former foster youth; allows flexibility for local agencies to reallocate unexpended foster youth housing funds to homeless youth projects.

Sets minimum funding match requirements of 25% for local agencies and 15% for nonprofit organizations, with funds usable in cash or in-kind contributions.

Requires facilities receiving awards to maintain youth center or youth housing use for 10-20 years depending on the type of project, with state recapture rights if facilities are diverted to other uses before the required periods end.