BILL ANALYSIS                                                                                                                                                                                                    






           SENATE TRANSPORTATION & HOUSING COMMITTEE       BILL NO: AB 767
          SENATOR ALAN LOWENTHAL, CHAIRMAN               AUTHOR:  Ammiano
                                                         VERSION: 4/30/09
          Analysis by: Mark Stivers                      FISCAL:  Yes
          Hearing date: June 16, 2009                    URGENCY:  YES








          SUBJECT:

          Proposition 1C: Homeless Youth and BEGIN programs

          DESCRIPTION:

          This bill extends the setaside of Proposition 1C funds for the  
          Homeless Youth and BEGIN Programs by two years.  

          ANALYSIS:

          In November 2006, California voters approved Proposition 1C, the  
          $2.85 billion Housing and Emergency Shelter Trust Fund Act of  
          2006.  

          Proposition 1C included $50 million for the Homeless Youth  
          Program, administered by the Department of Housing and Community  
          Development (HCD) as a subcomponent of the omnibus Multifamily  
          Housing Program (MHP).  Under the Homeless Youth Program, HCD  
          funds transitional and permanent housing for homeless and  
          emancipated foster youth tied to supportive services that assist  
          the youth in stabilizing their lives and developing the skills  
          and resources they need to make a successful transition to  
          independent, self-sufficient adulthood.  Proposition 1C sets  
          aside the $50 million for this program for a period of 30 months  
          from first availability (which is July 31, 2009).  Any funds not  
          encumbered within these 30 months revert for use in MHP, for  
          which homeless youth developments may continue to apply in  
          competition with other non-homeless youth housing.  

          Proposition 1C also included $125 million for Building Equity  
          and Growth in Neighborhoods (BEGIN) Program.  Administered by  
          HCD, BEGIN provides grants to local governments for the  




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          provision of downpayment assistance loans to low or moderate  
          income homebuyers who purchase a home in a new development for  
          which the local government has reduced one or more regulatory  
          constraints that impede the development of affordable housing.   
          These funds are also set aside for 30 months from first  
          availability (which is November 17, 2009).  Any funds not  
          encumbered within these 30 months revert for use in HCD's  
          omnibus homeownership program, the CalHome Program.  

           
          This bill  extends the setaside of Proposition 1C funds for the  
          Homeless Youth and BEGIN Programs by two years.  Specifically,  
          the bill:

           Provides that any funds not encumbered for the purposes of the  
            Homeless Youth Program by July 31, 2011 shall revert for use  
            in MHP, unless HCD determines that funds should revert sooner  
            due to diminished demand.
           Provides that any funds not encumbered for the purposes of the  
            BEGIN Program by November 17, 2011 shall revert for use in the  
            CalHome Program, unless HCD determines that funds should  
            revert sooner due to diminished demand.
           Includes an urgency clause.  
          
          COMMENTS:

           1.Purpose of the bill  .  According to the author, demand for both  
            the Homeless Youth and BEGIN programs has been substantial but  
            not sufficient to use all of the available funds within 30  
            months.  In addition, the current freeze on application and  
            commitment activity for bond-funded programs is effectively  
            truncating the 30 month period, and the turmoil in the  
            financial markets is slowing development activity in general.   
             As a result, approximately $24 million of Homeless Youth  
            funding is scheduled to revert to MHP on July 31, 2009.    
            Similarly, $40 million is scheduled to revert from BEGIN to  
            CalHome on August 17, 2009.  Roughly $7.5 million of this  
            BEGIN amount represents pending applications that cannot be  
            funded until the current freeze on award commitments is  
            lifted.

           2.Likelihood of funds being used during the extension .   
            Developing housing for homeless youth is challenging, in part  
            due to the limited funding available for necessary supportive  
            services.  Nonetheless, HCD believes, based on conversations  
            with developers who would like to submit new applications and  




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            the experience of program staff, that there would be a slow  
            and but relatively steady stream of applications if funding  
            were to remain available under the Homeless Youth setaside.  

            With respect to BEGIN, HCD staff indicates that they have been  
            contacted by many cities, counties and developers interested  
            in submitting applications.  Based on these contacts, HCD  
            anticipates that the remaining $40 million could be awarded by  
            June 30, 2010.  

           3.Urgency clause  .  In order for the bill to take effect before  
            the reversions are scheduled to occur, this bill contains an  
            urgency clause.  
          
          Assembly Votes:
               Floor:    78-0
               Appr: 17-0
               H&CD:   7-0

          POSITIONS:  (Communicated to the Committee before noon on  
          Wednesday, 
                     June 10, 2009)

               SUPPORT:  Department of Housing and Community Development  
          (sponsor)
          
               OPPOSED:  None received.