Plain English Breakdown
The exact details of how the programs will be implemented and funded are not specified.
University of California Housing Help
This law allows the University of California to create programs that help its faculty and employees find affordable housing.
What This Bill Does
- Allows the University of California to establish and implement programs addressing the housing needs of faculty and employees who face challenges in securing affordable housing.
- Creates a state policy supporting housing for University of California faculty or campus or medical center employees as described by specified federal law.
- Permits developers using local or state funds or tax credits designated for affordable rental housing to restrict occupancy to University of California faculty or employees on land owned by the university or an auxiliary enterprise, provided that such restrictions do not violate other applicable laws.
Who It Names or Affects
- University of California faculty and employees
- Developers working with local or state funds or tax credits for affordable rental housing
Terms To Know
- affordable housing
- Housing that costs less than what people can afford, usually no more than 30% of their income.
- auxiliary enterprise
- A business or organization run by the University of California to support its operations.
Limits and Unknowns
- The bill does not specify how much money will be used for these housing programs.
- It is unclear if this law will make it easier for faculty and employees to find homes outside university-owned land.