BILL ANALYSIS                                                                                                                                                                                                    Ó



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          SENATE THIRD READING


          SB  
          846 (Committee on Budget and Fiscal Review)


          As Amended  June 14, 2016


          2/3 vote.  Budget Bill Appropriation Takes Effect Immediately. 


          SENATE VOTE:  Vote not relevant




          SUMMARY:  Makes necessary statutory and technical changes to  
          implement the Budget Act of 2016 related to the No Place Like  
          Home Program to further the development of permanent supportive  
          housing for persons who are in need of mental health services  
          and are homeless, chronically homeless, or at risk of  
          homelessness.  Specifically, this bill: 
          1)Establishes the No Place Like Home Program to be administered  
            by the Department of Housing and Community Development (HCD),  
            in consultation with Advisory Committee and specifies the  
            membership to distribute $2 billion among the counties to  
            finance capital costs, including acquisition, design,  
            construction, rehabilitation or preservation and capitalized  
            operating costs of permanent supportive housing for persons  
            who are eligible for services under Proposition 63 and are  
            homeless, chronically homeless, or at risk of chronic  
            homelessness. 

          2)States that establishing a housing program providing permanent  
            supportive housing to persons who are in need of mental health  
            services and are homeless, chronically homeless or at risk of  
            homelessness is in furtherance of the purposes of Proposition  








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            63, enacted in the November 2, 2004 statewide general election  
            that imposed a 1% tax on income exceeding one million dollars.

          3)Funds the program through the issuance of bonds by the  
            Treasurer and secured by Prop 63 revenues and allocates the  
            funds as follows:

             a)   $1.8 billion for a competitive grant program to counties  
               that meet minimum eligibility criteria related to their  
               ability to use the funds to develop and operate permanent  
               supportive housing to persons who are eligible for services  
               under Proposition 63 and are homeless, chronically homeless  
               or at risk of chronic homelessness, with a preference for  
               targeting those who are chronically homeless or at risk of  
               chronic homelessness. 


             b)   $200 million to be distributed to counties for  
               construction, rehabilitation or preservation and  
               capitalized operating costs of permanent supportive housing  
               for persons who are eligible for services under Proposition  
               63 and are homeless, chronically homeless or at risk of  
               chronic homelessness, with a priority for with mental  
               health supportive needs who are homeless or at risk of  
               chronic homelessness. 


          4)Authorizes an alternative process to the competitive grants  
            for counties with at least 5% of the state's homeless  
            population and provides a set aside of 8% for small counties. 
          5)Establishes four categories for the competitive grants based  
            on population and a separate category for Los Angeles and  
            requires at least four rounds of grants as specified.

          6)Specifies that the loans are in the form of secured deferred  
            payment loans to pay for the costs of development and  
            specifies additional loan terms; provides for funds to secure  
            or avert default.









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          7)Appropriates $6.2 million from Prop 63 funds for technical and  
            application assistance to the counties, specifies amounts  
            based on county size and authorizes HCD to contract for expert  
            technical assistance. 

          8)Requires annual reporting by the counties, HCD and an  
            evaluation.

          9)Authorizes a General Fund loan of $1 million for program  
            implementations prior to receipt of bond funds. 

          10)States legislative intent that the costs to service the debt  
            for the bond shall not impede direct mental health services  
            provided by the counties 

          FISCAL EFFECT:  Appropriates $6,200,000 from Prop 63, authorizes  
          a General Fund loan of $1 million, and provides for the issuance  
          of $2 billion in bonds by the Treasurer and secured by Prop 63  
          revenues.


          COMMENTS:  The trailer bill language provides the necessary  
          statutory references to enact the 2016-17 Budget related to  
          housing.    




          Analysis Prepared by:                                             
          Genevieve Morelos / BUDGET / (916) 319-2099   FN: 0003433

















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