CA SB1187

Enacts the Tribal Housing Reconstitution and Resiliency Act and creates the Tribal Housing Grant Program Trust Fund administered by the Department of Housing and Community Development.

Requires 10% of annual Budget Act appropriations for the Multifamily Housing Program, Infill Infrastructure Grant Program, Veterans Housing and Homeless Prevention Act, and Joe Serna Jr. Farmworker Housing Grant Program be deposited into the tribal fund.

Allocates 95% of fund deposits on an entitlement basis to federally recognized California Indian tribes using a formula developed with tribal input, and reserves 5% for technical assistance to build tribal capacity.

Permits fund use for affordable housing programs, housing-related services, project development costs, and management services benefiting Indian families and individuals in Indian areas with incomes up to 80% of median area income for rentals and 120% for homeownership.

Requires recipients to expend program and service funds within 5 years and project funds within 7 years from funding agreement execution, with possible extensions for demonstrated progress.