CA AB158

Reduces the maximum project site size for "builder's remedy" housing projects eligible for CEQA exemption from 5 acres to 4 acres, and requires lead agencies to file a notice of exemption when approving such projects

Requires the Housing Development and Finance Executive Committee to make recommendations to the Legislature on improving Department of Housing and Community Development loan administration to expedite processing of awards and loan closings

Directs the Department of Housing and Community Development to prepare for Round 7 of the Homeless Housing, Assistance, and Prevention (HHAP) program during fiscal year 2025-26, with a goal of initial disbursements beginning September 1, 2026

Appropriates $2,106,000 from the General Fund to the Governor's Office of Land Use and Climate Innovation to support implementation of SB 131

Creates a narrow exception requiring CEQA review for housing projects in cities with populations between 85,000-95,000 (per 2020 Census) where the parcel is partially within a regulatory floodway and adjacent to a California historical landmark