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Affordable Housing and Community Development Funding Act.

This bill failed and is no longer moving.

CA AB 1543 · Assembly Bill · 2021–2022

Stage
Failed
Started in
Assembly
Sponsor
1
Latest action
Feb 1, 2022

What it does

(1) Existing law dissolved redevelopment agencies as of February 1, 2012, and designates successor agencies to, among other things, continue to make payments due for enforceable obligations and expeditiously wind down the affairs of dissolved redevelopment agencies. Existing law also provides for the designation of a housing successor to assume the housing function of a former redevelopment agency and generally requires that funds transferred to the housing successor, together with any funds generated from housing assets, be maintained in a separate Low and Moderate Income Housing Asset Fund and used subject to the provisions of the Community Redevelopment Law relating to the Low and…

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Where it stands

This bill failed and is no longer moving.

Failed

This bill failed and is no longer moving.

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Who is involved

Sponsors

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

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Where it goes next

Once a bill is decided, the questions are about what is done with it in California.

Work with this bill

Affordable Housing and Community Development Funding Act. | 52