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AB-736 • 2026

The Affordable Housing Bond Act of 2026.

The Affordable Housing Bond Act of 2026.

Elections Housing
Passed Legislature

This bill passed both chambers and reached final enrollment, even if later executive action is not shown here.

Sponsor
Wicks (A) , Haney (A) , Quirk-Silva
Last action
2026-05-14
Official status
Read second time. Ordered to third reading.
Effective date
Not listed

Plain English Breakdown

Using official source text because the generated explanation was unavailable or could not be confirmed against the official bill text.

The Affordable Housing Bond Act of 2026.

AB 736, as amended, Wicks.

What This Bill Does

  • AB 736, as amended, Wicks.
  • The Affordable Housing Bond Act of 2026.
  • Under existing law, there are programs providing assistance for, among other things, emergency housing, multifamily housing, farmworker housing, home ownership for very low and low-income households, and downpayment assistance for first-time home buyers.
  • Existing law also authorizes the issuance of bonds in specified amounts pursuant to the State General Obligation Bond Law and requires that proceeds from the sale of these bonds be used to finance various existing housing programs, capital outlay related to infill development, brownfield cleanup that promotes infill development, and housing-related parks.

Limits and Unknowns

  • This entry is temporarily using official source text because the generated explanation could not be confirmed against the official bill text during the last sync.

Bill History

  1. 2026-05-14 California Legislative Information

    Read second time. Ordered to third reading.

  2. 2026-05-14 California Legislative Information

    From committee: Do pass. (Ayes 5. Noes 0.) (May 14).

  3. 2026-05-11 California Legislative Information

    In committee: Referred to APPR. suspense file.

  4. 2026-04-22 California Legislative Information

    From committee: Do pass and re-refer to Com. on APPR. (Ayes 8. Noes 1.) (April 21). Re-referred to Com. on APPR.

  5. 2026-04-15 California Legislative Information

    Referred to Com. on HOUSING.

  6. 2025-06-04 California Legislative Information

    In Senate. Read first time. To Com. on RLS. for assignment.

  7. 2025-06-03 California Legislative Information

    Read third time. Urgency clause adopted. Passed. Ordered to the Senate. (Ayes 65. Noes 11. Page 1980.).

  8. 2025-05-27 California Legislative Information

    Read second time. Ordered to third reading.

  9. 2025-05-23 California Legislative Information

    From committee: Do pass. (Ayes 11. Noes 2.) (May 23).

  10. 2025-04-30 California Legislative Information

    In committee: Set, first hearing. Referred to suspense file.

  11. 2025-04-21 California Legislative Information

    Re-referred to Com. on APPR.

  12. 2025-04-10 California Legislative Information

    Read second time and amended.

  13. 2025-04-09 California Legislative Information

    From committee: Amend, and do pass as amended and re-refer to Com. on APPR. (Ayes 10. Noes 1.) (April 9).

  14. 2025-03-03 California Legislative Information

    Referred to Com. on H. & C.D.

  15. 2025-02-19 California Legislative Information

    From printer. May be heard in committee March 21.

  16. 2025-02-19 California Legislative Information

    Introduced measure version corrected.

  17. 2025-02-18 California Legislative Information

    Read first time. To print.

Official Summary Text

AB 736, as amended, Wicks.
The Affordable Housing Bond Act of 2026.
Under existing law, there are programs providing assistance for, among other things, emergency housing, multifamily housing, farmworker housing, home ownership for very low and low-income households, and downpayment assistance for first-time home buyers. Existing law also authorizes the issuance of bonds in specified amounts pursuant to the State General Obligation Bond Law and requires that proceeds from the sale of these bonds be used to finance various existing housing programs, capital outlay related to infill development, brownfield cleanup that promotes infill development, and housing-related parks.
This bill would enact the Affordable Housing Bond Act of 2026, which, if adopted, would authorize the issuance of bonds in the amount of $10,000,000,000 pursuant to the State General Obligation Bond Law. Proceeds from the sale of these bonds
would be used to finance programs to fund affordable rental housing and home ownership programs, including, among others, the Multifamily Housing Program, the CalHome Program, and the Joe Serna, Jr. Farmworker Housing Grant Program.
This bill would provide for submission of the bond act to the voters at the June 2, 2026, statewide primary election, in accordance with specified law.
This bill would declare that it is to take effect immediately as an urgency statute.

Current Bill Text

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