BILL ANALYSIS
Appropriations Committee Fiscal Summary
SB 633 (Sher)
Hearing Date:5/27/99 Amended:4/12/99
Consultant: Maureen Brooks Policy Vote:H.C.D. 4-1
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BILL SUMMARY: SB 633 appropriates $5 million to the
Emergency Housing and Assistance Fund for loans for the
acquisition, conversion, rehabilitation or construction of
permanent homeless shelter facilities.
Fiscal Impact (in thousands)
Major Provisions 1999-2000 2000-01 2001-02 Fund
Emergency Housing $5,000 General
STAFF COMMENTS: SUSPENSE FILE.
The Department of Housing and Community Development (HCD)
administers the program. The 1998/99 Budget appropriated
$2 million for distribution to local governments for
homeless shelters. Some counties used the money to pay for
the use of National Guard armories. SB 633 provides that
these loans must be used in obtaining permanent homeless
shelters. The 1999/2000 Governor's Budget augments $1
million to the California National Guard to continue use of
the armories for winter shelter.
The specifications of the loan include a term of 20 years,
requirements that the loan must be secured by a deed and an
interest rate of 3%. Repayment of principal and interest
is deferred as long as the project is used as an emergency
shelter. At the completion of the 20 year term, both
principal and interest shall be forgiven. Loan amounts
will range from $100,000 to $1 million.
Under the provisions of SB 633, HCD will set forth the
criteria used in evaluating applications giving priority to
projects that replace programs which have been operating in
National Guard armories. SB 633 requires a 1-1 match in
urban areas and a 1-3 match for projects in nonurban areas.
HCD must limit administration costs to 6% of the funds.
It is the authors intent that permanent shelters are
constructed which will enable mental health and vocational
programs to be provided. This bill is similar to
SB 1950 (Sher) which was vetoed by the Governor last year.