BILL ANALYSIS Ó SENATE COMMITTEE ON APPROPRIATIONS Senator Ricardo Lara, Chair 2015 - 2016 Regular Session AB 870 (Cooley) - Homelessness: rapid rehousing. ----------------------------------------------------------------- | | | | | | ----------------------------------------------------------------- |--------------------------------+--------------------------------| | | | |Version: June 24, 2015 |Policy Vote: T. & H. 9 - 0 | | | | |--------------------------------+--------------------------------| | | | |Urgency: No |Mandate: No | | | | |--------------------------------+--------------------------------| | | | |Hearing Date: August 27, 2015 |Consultant: Mark McKenzie | | | | ----------------------------------------------------------------- *********** ANALYSIS ADDENDUM - SUSPENSE FILE *********** The following information is revised to reflect amendments adopted by the committee on August 27, 2015 Bill Summary: AB 870 would require the Department of Housing and Community Development (HCD) to establish and administer a program to provide grants to counties or private nonprofit organizations with a demonstrated high funding need for rapid re-housing programs. The program would be established upon appropriation of funds in the Budget Act for this purpose, and would sunset on July 1, 2018. Fiscal Impact: General Fund cost pressures of approximately $2 million over two fiscal years. To the extent funds are appropriated for purposes of the pilot program, HCD would allocate equal amounts to each of the four participating entities, after subtracting administrative costs. AB 870 (Cooley) Page 1 of ? To the extent funds are appropriated, HCD would incur one-time costs of approximately $50,000 for 1/2 PY of staff time to develop and adopt guidelines for the selection of participating entities, and ongoing costs of approximately $30,000 annually for 1/4 PY of staff time for monitoring costs over several years. These costs would be subtracted from the appropriated amount prior to distribution of funds to participating entities. (General Fund) Committee Amendments: Delete the $2 million General Fund appropriation, and provisions specifying maximum amounts that would be used for the pilot program each year. Make the establishment of the program contingent upon appropriation of funds in the annual Budget Act. Revise the sunset date from January 1, 2018 to July 1, 2018. -- END --