Loading chat...
CA AB2329
Bill
Status
Introduced
2/19/2026
Primary Sponsor
Mike Fong
Click for details
AI Summary
- Requires fair market value offers to present tenants for surplus residential property in the City of South Pasadena to be based on a formal appraisal of the property
- Applies specifically to surplus residential properties in the State Route 710 corridor being disposed of by state agencies
- Present tenants who have occupied the property for 5+ years and are current on rent obligations receive priority purchase rights after former owners and current occupants
- City of South Pasadena must produce or acquire 3 affordable housing units for every unoccupied home it purchases, with affordability requirements lasting 55 years for rentals and 45 years for owner-occupied units
- Construction or acquisition of required affordable units must commence by July 1, 2028, with possible two-year extensions for demonstrated progress
Legislative Description
Surplus residential property: City of South Pasadena.
Last Action
Referred to Com. on H. & C.D.
3/16/2026
Committee Referrals
Housing and Community Development3/16/2026
Full Bill Text
No bill text available