BILL ANALYSIS                                                                                                                                                                                                    



                                                                       



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                                 THIRD READING


          Bill No:  SB 608
          Author:   Ducheny (D)
          Amended:  As introduced
          Vote:     21

           
           SENATE TRANS. & HOUSING COMMITTEE  :  11-0, 3/31/09
          AYES:  Lowenthal, Huff, Ashburn, DeSaulnier, Harman,  
            Hollingsworth, Kehoe, Oropeza, Pavley, Simitian, Wolk
          NO VOTE RECORDED:  Vacancy, Vacancy

           SENATE APPROPRIATIONS COMMITTEE  :  Senate Rule 28.8


           SUBJECT  :    Report on Proposition 46 and 1C expenditures

           SOURCE  :     Author


           DIGEST  :    This bill requires that cumulative information  
          on programs funded under the Housing and Emergency Shelter  
          Trust Fund Acts of 2002 and 2006 be included in the  
          Department of Housing and Community Developments annual  
          report.

           ANALYSIS  :    The Housing and Emergency Shelter Trust Fund  
          Acts of 2002 (Proposition 46 for $2.1 billion) and 2006  
          (Proposition 1C for $2.85 billion) authorized the issuance  
          of general obligation bonds to finance various existing  
          housing programs.  In addition, Proposition 1C funded two  
          new infrastructure programs to facilitate the development  
          of infill and transit-oriented housing.  With a few  
          exceptions, the Department of Housing and Community  
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          Development (HCD) administers the programs funded by these  
          bonds. 

          Existing law requires HCD to submit an annual report to the  
          governor and both houses of the Legislature detailing the  
          operations and accomplishments of the housing programs it  
          administered in the previous fiscal year. This report  
          includes: 

          1.The number of units assisted by HCD programs. 

          2.The number of individuals and households served and their  
            income levels.

          3.The distribution of units among various areas of the  
            state.

          4.The amount of other public and private funds leveraged.

          5.The extent to which the special housing needs of various  
            groups were met.

          6.Information on the activities of local agencies to  
            enforce the Employee Housing Act, which requires the  
            inspection of employee-owned housing.

          This bill requires that HCD's annual report break out the  
          required information for each program funded by Proposition  
          46 or Proposition 1C, respectively, and also include a  
          cumulative total of this information for all funds  
          distributed under Proposition 46 and Proposition 1C.

           Comments

          Purpose of the bill  .  Proposition 46 funded 17 different  
          affordable housing programs.  Proposition 1C funded a total  
          of 15 affordable housing and infrastructure programs.   
          While statute currently requires HCD to list the units  
          produced and other data for each program, there is no  
          requirement to provide an accounting of the assistance  
          provided by each bond.  This bill requires HCD to provide  
          cumulative information on the programs funded under the  
          2002 and 2006 housing bonds, thereby improving oversight  
          and public accountability.







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           Legislative Analyst Office (LAO) recommendation  .  LAO's  
          Analysis of the 2007-2008 Budget Bill stated that the  
          Legislature should exercise ongoing oversight of the bond  
          programs to make sure that funds are expended in an  
          effective and timely manner to achieve program objectives.   
          In order to facilitate ongoing oversight, the LAO suggested  
          that the Legislature require the reporting of certain  
          information annually.

           FISCAL EFFECT  :    Appropriation:  No   Fiscal Com.:  Yes    
          Local:  No

          JJA:do  4/21/09   Senate Floor Analyses 

                       SUPPORT/OPPOSITION:  NONE RECEIVED

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