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CA AB2626
Bill
Status
Introduced
2/20/2026
Primary Sponsor
Jesse Gabriel
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AI Summary
- Authorizes the Department of Housing and Community Development to waive payment of residual receipts or minimum annual loan payments required under department regulatory agreements
- Applies to developments financed with departmental resources when waiver would improve the fiscal integrity of the project
- Grants the department sole discretion in determining when to grant such waivers
- Adds Section 50406.4.7 to the Health and Safety Code
Legislative Description
Housing programs: financing.
Last Action
Re-referred to Com. on H. & C.D.
3/10/2026
Committee Referrals
Housing and Community Development3/9/2026
Full Bill Text
No bill text available