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California housing and homelessness legislation
Overview
California has introduced legislative measures aimed at addressing housing stability and homelessness. Assembly Bill 2020, authored by Assemblymember Jesse Gabriel, allows the California Department of Housing and Community Development to permit affordable housing owners to transfer funds between properties to prevent foreclosures caused by rising insurance and maintenance costs.
Additionally, Governor Gavin Newsom signed Assembly Bill 1924, which mandates the development of a statewide homelessness prevention strategy. The California Interagency Council on Homelessness is tasked with creating an action plan and measurable goals by July 1, 2028, modeled after programs in Santa Clara County. While the law seeks to identify high-impact local efforts, it does not provide immediate funding, potentially placing financial responsibility on local governments.
Entities
Enterprise Community Partners Inc. · Gavin Newsom · California · California Interagency Council on Homelessness · Santa Clara County
Timeline
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[POLITICS] 2 sourcesCalifornia to implement statewide homelessness prevention strategy
California is launching a statewide homelessness prevention strategy under Assembly Bill 1924, modeled on Santa Clara County's approach, with a goal to establish an action plan by 2028.
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[BUSINESS] 2 sourcesCalifornia law to help prevent affordable housing foreclosures
California's Assembly Bill 2020 will allow affordable housing owners to transfer funds between properties to prevent foreclosures and protect existing housing units.
Sources
alltopstartups.com · mv-voice.com · sanjosespotlight.com · timesofsandiego.com