AB 736 (Wicks D) The Affordable Housing Bond Act of 2026.
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(Wicks D) The Affordable Housing Bond Act of 2026. |
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Position: Watch Introduced: 2/18/2025 |
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Last Amend: 4/10/2025 |
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Status: 6/4/2025-In Senate. Read first time. To Com. on RLS. for assignment. |
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Location: 6/4/2025-S. RLS. |
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Summary: Would enact the Affordable Housing Bond Act of 2026, which, if adopted, would authorize the issuance of bonds in the amount of $10,000,000,000 pursuant to the State General Obligation Bond Law. Proceeds from the sale of these bonds would be used to finance programs to fund affordable rental housing and home ownership programs, including, among others, the Multifamily Housing Program, the CalHome Program, and the Joe Serna, Jr. Farmworker Housing Grant Program. |