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Local Housing Trust Fund Matching Grant Program.

This bill failed and is no longer moving.

CA AB 59 · Assembly Bill · 2017–2018

Stage
Failed
Started in
Assembly
Sponsor
1
Latest action
Feb 1, 2018

What it does

(1) Existing law establishes the Local Housing Trust Fund Matching Grant Program for the purpose of supporting local housing trust funds dedicated to the creation or preservation of affordable housing. Under the grant program, the department is authorized to make matching grants available to cities, counties, cities and counties, and existing charitable nonprofit organizations that have created, funded, and operated housing trust funds. The minimum allocation to a program applicant is $1,000,000 for existing trust funds, or $500,000 for newly established housing trust funds. The maximum allocation for any applicant is $2,000,000, unless the applicant has previously received a grant through…

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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

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Local Housing Trust Fund Matching Grant Program. | 52