BILL ANALYSIS
AB 2762
Page 1
Date of Hearing: May 12, 2010
ASSEMBLY COMMITTEE ON APPROPRIATIONS
Felipe Fuentes, Chair
AB 2762 (Housing and Community Development Cmte.) - As
Introduced: February 23, 2010
Policy Committee: Housing and
Community Development Vote: 8 - 0
Local Government 8 - 0
Urgency: No State Mandated Local Program:
No Reimbursable:
SUMMARY
This bill makes minor, technical changes to various sections of
housing law. Specifically, this bill:
1)Exempts properties that house victims of domestic violence
shelters from the requirement that a property's address be
listed on the Notice of Affordability Restrictions that is
required to be recorded under redevelopment law.
2)Allows the guidelines for the Affordable Housing Revolving
Development and Acquisition Program to remain in force for the
duration of the initial loans and only requires regulations
for future requests for qualifications (RFQs) funded with loan
repayments.
3)Requires the Bureau of State Audits (BSA) to conduct periodic
audits of all programs funded under Proposition 1C, the
Housing and Emergency Shelter Act of 2006. Current law
already requires periodic audits of most programs funded by
Proposition 1C, but omits the Infill Infrastructure Grant
Program and the Transit Oriented Development Program.
FISCAL EFFECT
Costs associated with this bill are minor and would be
absorbable within existing resources.
COMMENTS
AB 2762
Page 2
Rationale . This bill is the annual omnibus Assembly Housing and
Community Development Committee bill. The committee intends for
all of the provisions in the bill to be minor and
non-controversial. The chair has noted that there is no known
opposition to any of the items in the bill. If issues arise
that cannot be resolved, the committee will delete the provision
in question from the bill.
Analysis Prepared by : Julie Salley-Gray / APPR. / (916)
319-2081