Bill Text: CA AB90 | 2015-2016 | Regular Session | Introduced

NOTE: There are more recent revisions of this legislation. Read Latest Draft

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Bill Title: Federal Housing Trust Fund.

Spectrum: Partisan Bill (Democrat 2-0)

Status: (Passed) 2015-10-09 - Chaptered by Secretary of State - Chapter 686, Statutes of 2015. [AB90 Detail]

Download: California-2015-AB90-Introduced.html

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BILL NUMBER: AB 90	INTRODUCED
	BILL TEXT


INTRODUCED BY   Assembly Member Atkins

                        JANUARY 7, 2015

   An act to add Chapter 6.8 (commencing with Section 50676) to Part
2 of Division 31 of the Health and Safety Code, relating to housing.


	LEGISLATIVE COUNSEL'S DIGEST


   AB 90, as introduced, Atkins. Federal Housing Trust Fund.
   Existing law establishes the multifamily housing program under the
administration of the Department of Housing and Community
Development to provide a standardized set of program rules and
features applicable to all housing types based on the department's
California Housing Rehabilitation Program. Existing law also
establishes the CalHome Program under the administration of the
department to provide grants and loans to enable low- and very low
income households to become or remain homeowners.
   Existing federal law requires the Secretary of the Department of
Housing and Urban Development to establish a Housing Trust Fund to
provide grants to states to increase the supply of rental housing for
extremely low- and very low income families, including homeless
families, and homeownership for extremely low- and very low income
families.
   This bill would designate the Department of Housing and Community
Development as the state agency responsible for administering the
federal Housing Trust Fund. The bill would require the department to
administer the federal funds pursuant to the multifamily housing
program, except that up to 10% of the funds may be appropriated by
the Legislature to the CalHome Program. The bill would require the
department to submit notifications with specified information
relating to the distribution, awarding, and expenditure of the
federal funds, as prescribed.
   Vote: majority. Appropriation: no. Fiscal committee: yes.
State-mandated local program: no.


THE PEOPLE OF THE STATE OF CALIFORNIA DO ENACT AS FOLLOWS:

  SECTION 1.  Chapter 6.8 (commencing with Section 50676) is added to
Part 2 of Division 31 of the Health and Safety Code, to read:
      CHAPTER 6.8.  FEDERAL HOUSING TRUST FUND


   50676.  (a) The department is hereby designated as the state
agency responsible for administering funds received by the state from
the federal Housing Trust Fund pursuant to the Housing and Economic
Recovery Act of 2008 (Public Law 110-289), and implementing federal
regulations.
   (b) The department shall administer the funds specified in
subdivision (a) pursuant to the state multifamily housing program
established in Chapter 6.7 (commencing with Section 50675), except
that up to 10 percent of the funds may be appropriated by the
Legislature to the CalHome Program established in Chapter 6
(commencing with Section 50650).
   (c) The department shall amend its regulations, as needed, to
comply with federal law.
   (d) The department shall submit both of the following to the
Legislature:
   (1) A notification describing the department's plan for
distributing the funds, including a schedule for the release of all
funds, no later than 30 days after receipt of the federal funds.
   (2) A notification detailing the cumulative amounts of funds
awarded and expended, no later than 180 days after receipt of the
federal funds and on or before December 31 of each year thereafter.