AB 1969, as introduced, Steinorth. Redevelopment.
Existing law sets forth provisions relating to the requirements for expending moneys in a Low and Moderate Income Housing Fund to assist housing for specified persons.
This bill would make technical, nonsubstantive changes to these provisions.
Vote: majority. Appropriation: no. Fiscal committee: no. State-mandated local program: no.
The people of the State of California do enact as follows:
Section 33334.4 of the Health and Safety Code
2 is amended to read:
(a) Except as specified in subdivision (d), each
4agency shall expend over each 10-year period of the
5implementation plan, as specified in clause (iii) of subparagraph
6(A) of paragraph (2) of subdivision (a) of Section 33490, the
7moneys in the Low and Moderate Income Housing Fund to assist
8housing for persons of low income and housing for persons of very
9low income in at least the same proportion as the total number of
10housing units needed for each of those income groups bears to the
P2 1total number of units needed for persons of moderate, low, and
2very low income within the community, as those needs have been
3determined for the community pursuant to Section 65584 of the
4Government Code. In determining compliance with this obligation,
5the agency may adjust the proportion by subtracting from the need
6identified for each income category, the number of units for persons
7of that income category that are newly constructed over the
8duration of the implementation plan with other locally controlled
9government assistance and without agency assistance and that are
10required to be affordable to, and occupied by, persons of the income
11category for at least 55 years for rental housing and 45 years for
12ownership housing, except that in making an adjustment the agency
13may not subtract units developed pursuant to a replacement housing
14obligation under state or federal law.
15(b) Each agency shall expend over the duration of each
16redevelopment implementation plan, the moneys in the Low and
17Moderate Income Housing Fund to assist housing that is available
18to all persons regardless of age in at least the same proportion as
19the number of low-income households with a member under age
2065 years bears to the total number of low-income households of
21the community as reported in the most recent census of the United
22States Census Bureau.
23(c) An agency that has deposited in the Low and Moderate
24Income Housing Fund over the first five years of the period of an
25implementation plan an aggregate that is less than two million
26dollars ($2,000,000) shall have an extra five years to meet the
27requirements of this section.
28(d) For the purposes of this section, “locally controlled” means
29government assistance where the community or other local
30government entity has the discretion and the authority to determine
31the recipient and the amount of the assistance, whether or not the
32source of the funds or other assistance is from the state or federal
33government. Examples of locally controlled government assistance
34include, but are not limited to, Community Development Block
35Grant Program (42 U.S.C. Sec. 5301
begin delete and following)end delete funds
36allocated to a city or county,
begin delete Homeend delete Investment begin delete Partnershipend delete
37 Program (42 U.S.C. Sec. 12721
begin delete and following)end delete funds allocated to a city or county, fees or funds received by
P3 1a city or county pursuant to a city or county authorized program,
2and the waiver or deferral of city or other charges.