Plain English Breakdown
The effective date is not provided in the source material, though the bill has passed both chambers.
AB-505: Report Requirement for the Homekey Housing Program
This law requires the Legislative Analyst's Office to study how well the Homekey program helps people experiencing homelessness and submit a report with findings by July 1, 2027.
What This Bill Does
- Requires the Legislative Analyst's Office to evaluate the effectiveness of the Homekey disbursement program in sustaining people experiencing homelessness.
- Directs the evaluation to count housing units and projects funded since the program began.
- Asks for data on how quickly funds are sent to localities after they apply, including average time between application submission and fund disbursement.
- Mandates a report with results and policy recommendations be submitted to the Legislature by July 1, 2027.
- Sets an end date of January 1, 2031, when these reporting requirements will stop.
Who It Names or Affects
- The Legislative Analyst's Office
- Localities participating in the Homekey program
Terms To Know
- Homekey
- A disbursement program under the Multifamily Housing Program that provides housing funds for individuals and families experiencing homelessness or at risk of homelessness who are impacted by medical diseases due to COVID-19 or other communicable diseases.
- Legislative Analyst's Office
- The government office required to study the Homekey program and write a report on its results for the Legislature.
Limits and Unknowns
- The bill does not specify how much money will be used for this evaluation.
- The text states policy recommendations must address issues found but does not list specific examples of those recommendations.
- The exact date the law takes effect is not listed in the provided source material.