BILL NUMBER: AB 2539 INTRODUCED
BILL TEXT
INTRODUCED BY Assembly Member Ting
FEBRUARY 21, 2014
An act to amend Section 50151 of the Health and Safety Code,
relating to housing.
LEGISLATIVE COUNSEL'S DIGEST
AB 2539, as introduced, Ting. State housing policy.
Existing law provides that the Secretary of Business, Consumer
Services and Housing is responsible for allocating financial aid and
contributions made available directly to the state or to the
California Housing Finance Agency by the federal government for the
purpose of subsidizing housing for low or moderate income families
and persons and gives the California Housing Finance Agency priority
for receipt of federal housing subsidies.
This bill would make technical, nonsubstantive changes to this
provision.
Vote: majority. Appropriation: no. Fiscal committee: no.
State-mandated local program: no.
THE PEOPLE OF THE STATE OF CALIFORNIA DO ENACT AS FOLLOWS:
SECTION 1. Section 50151 of the Health and Safety Code is amended
to read:
50151. (a) The Secretary of Business,
Consumer Services and Housing shall be responsible for allocating
financial aid and contributions made available directly to state
government or to the agency by any agency of the United States for
the purpose of subsidizing housing for persons and families of low or
moderate income.
The
(b) The agency shall have
priority among all other units of state government for receipt of
federal housing subsidies for use in connection with its lending and
insurance programs.