Policy & Legislation
Nunez Takes Different Approach on Infill Funding
Assembly Speaker Fabian Nunez unveiled his approach to Prop. 1C's infill funding with amendments to AB 1053 on June 1, 2007. It is markedly different from SB 46, which is the Senate's vehicle for allocating the funds.
SB 46 divides the $850 million into two programs, one is an existing brownfield clean-up program, CALReUSE, and the other is a new public infrastructure/home development program at HCD (the California Department of Housing and Community Development).
In contrast, AB 1053 scatters the funds among five programs:
- $450 million for a new, public infrastructure grant program at HCD. Cities could apply for these funds, which must be used to support a home development with at least 25% of the homes affordable at below-market rates.
- $100 million to the existing Multifamily Housing Program (MHP)
- $100 million to the existing Workforce Housing Reward Program
- $100 million for brownfield clean-up under CALReUSE
- $100 million for public infrastructure loans through the state Infrastructure Bank. Cities and counties could apply for these funds, which must be used to support "higher density mixed-income infill housing." The bill does not define the latter term.
Housing California is analyzing the likely impacts of the two different approaches on the development of below-market-rate homes.
Legislative leaders have not yet chosen a path to resolve the differences between the bills, nor has either bill been set for hearing in its second house.
Contact Julie Snyder, (916) 447-0503 x 102 or .
