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The Affordable Housing Bond Act of 2024.

This bill did not become law and its session has ended, so it can no longer move. It would have to be reintroduced.

CA AB 1657 · Assembly Bill · 2023–2024

Stage
Session ended
Started in
Assembly
Sponsors
25
Latest action
Mar 4, 2024

What it does

Under existing law, there are programs providing assistance for, among other things, emergency housing, multifamily housing, farmworker housing, home ownership for very low and low-income households, and downpayment assistance for first-time home buyers. Existing law also authorizes the issuance of bonds in specified amounts pursuant to the State General Obligation Bond Law and requires that proceeds from the sale of these bonds be used to finance various existing housing programs, capital outlay related to infill development, brownfield cleanup that promotes infill development, and housing-related parks.

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Where it stands

This bill did not become law and its session has ended, so it can no longer move. It would have to be reintroduced.

  1. Introduced (Done)

  2. Committee (Done)

  3. Floor (Current step)

    Passed first chamber · Mar 4, 2024

  4. Law (Needs attention)

    The session ended first

What moved

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Who is involved

Sponsors

The lawmakers who put their names on it, lead sponsors first.

In the news

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Where it goes next

While a bill can still move, the questions are about people and money in California.

Work with this bill

The Affordable Housing Bond Act of 2024. | 52