Plain English Breakdown
The official source material does not provide details on how the bill updates city and county plans or specifies changes for supporting factory-built housing.
Housing: Multifamily Affordable Housing Programs
The bill requires certain state agencies to review and update their guidelines for multifamily affordable housing programs by July 1, 2027.
What This Bill Does
- Requires the California Housing and Homelessness Agency, the California Housing Finance Agency, the California Debt Limit Allocation Committee, and the California Tax Credit Allocation Committee to review and change their rules about multifamily affordable housing programs by July 1, 2027.
Who It Names or Affects
- State agencies like the California Housing and Homelessness Agency, California Housing Finance Agency, California Debt Limit Allocation Committee, and California Tax Credit Allocation Committee.
- People who build or use multifamily affordable housing programs.
Terms To Know
- Multifamily Affordable Housing Programs
- Programs that help people build homes for multiple families at prices they can afford.
- Factory-Built Housing
- Houses built in a factory and then moved to their final location, like modular or prefabricated houses.
Limits and Unknowns
- The bill does not specify how much money will be spent on these changes.
- It is unclear what specific changes the agencies must make to support factory-built housing.