BILL NUMBER: AB 1092 AMENDED
BILL TEXT
AMENDED IN SENATE AUGUST 30, 2012
AMENDED IN SENATE AUGUST 29, 2012
AMENDED IN SENATE AUGUST 14, 2012
INTRODUCED BY Assembly Member Dickinson
(Principal coauthor: Senator Steinberg)
FEBRUARY 18, 2011
An act relating to housing, and making an
appropriation therefor , and declaring the urgency thereof, to
take effect immediately .
LEGISLATIVE COUNSEL'S DIGEST
AB 1092, as amended, Dickinson. Housing: catalyst project funding.
Existing law, the Housing and Emergency Shelter Trust Fund Act of
2006, authorizes the issuance of bonds in the amount of
$2,850,000,000 pursuant to the State General Obligation Bond Law.
Proceeds from the sale of these bonds are used to finance various
existing housing programs, capital outlay related to infill
development, brownfield cleanup that promotes infill development,
housing-related parks, and transit-oriented development administered
by the Department of Housing and Community Development.
This bill would appropriate $20,000,000 to the department from
funds transferred to a specified fund from the Housing and Emergency
Shelter Trust Fund for purposes of funding previously designated
catalyst projects, as defined, not to exceed $5,000,000 per project,
that meet certain criteria, thereby making an appropriation.
This bill would declare that it is to take effect immediately as
an urgency statute.
Vote: majority 2/3 . Appropriation:
yes. Fiscal committee: yes. State-mandated local program: no.
THE PEOPLE OF THE STATE OF CALIFORNIA DO ENACT AS FOLLOWS:
SECTION 1. (a) The sum of twenty million dollars ($20,000,000) is
hereby appropriated to the Department of Housing and Community
Development for grants to previously designated catalyst projects
from funds transferred to the Building Equity and Growth in
Neighborhoods (BEGIN) Fund pursuant to Section 53545 of the Health
and Safety Code.
(b) For purposes of this section, a project is a catalyst project
if it meets the following criteria:
(1) A project shall be either of the following:
(A) A livable communities project that includes at least 1,000
planned housing units and demonstrates an effective jobs and housing
relationship, including housing affordability relative to wages.
(B) A revitalization communities project that includes
development, preservation, or rehabilitation of at least 250 planned
housing units, including housing affordable to lower income
households.
(2) The project shall demonstrate housing element compliance
through a finding of compliance by the Department of Housing and
Community Development before receiving funds.
(3) The project shall demonstrate consistency with the state's
planning priorities under Section 65041.1 of the Government Code.
(4) The project shall illustrate support for the general goals of
a sustainable community strategy pursuant to Senate Bill 375 (Chapter
728 of the Statutes of 2008), including subparagraph (B) of
paragraph (2) of subdivision (b) of Section 65080 of the Government
Code, in terms of the project's design and access to a variety of
transportation modes.
(5) The project shall demonstrate that it has the commitment of a
private sector partner by providing a letter of support from the
private sector partner.
(6) The local government applicant shall demonstrate a commitment
to identify and address regulatory barriers to transformative
projects including any regulatory relief to facilitate housing and
job development.
(7) The project shall achieve at least four of the California
Sustainable Strategies Policy Objectives.
(c) The department shall not award a project more than five
million dollars ($5,000,000).
SEC. 2. This act is an urgency statute necessary
for the immediate preservation of the public peace, health, or safety
within the meaning of Article IV of the Constitution and shall go
into immediate effect. The facts constituting the necessity are:
In order to ensure that state bond funds are expended to fund
vital projects throughout the state in an expeditious manner, it is
necessary that this act take effect immediately.