Californians for Homes and Jobs

 

On January 25th, state Assembly Speaker Toni Atkins announced a housing-bill package designed to stabilize the lives of young people, families, and Californians struggling to get by on threadbare budgets. 

 

The bill package includes:

 

  • AB 35 (Chiu and Atkins)  

  • AB 1335 (Atkins) 

  • AB 90 (Chau)

  • AB 1056 (Atkins)

 

 

What Each Bill Does (and Letters You Can Send!)

 

AB 35 (Chiu and Atkins)

One of the biggest challenges faced by affordable developers is the lack of funding available to build apartments and homes that remain affordable. Introduced by long-time housing champion and freshman Assemblymember from San Francisco, David Chiu, AB 35 would expand the state's Low-Income Housing Tax Credit by $300 million annually. Expansion of the state tax credit will have two positive effects: Developers will not only have access to more funding for building developments where the rents remain affordable, but they will also be able to leverage additional federal funds (a total of $600 million annually). Developers acquire and sell the tax credits, which provides revenue that they cobble together with other funding sources to build developments where rents are kept affordable. Because of their effectiveness, the current state credit is oversubscribed, so expansion will go a long way toward increasing the feasibility of affordable development.

 

 

 

Please cc:

 

View AB 35 list of coauthors, bill langugae, and vote history

Key Messages and Messaging Guide

 

When you talk to legislators, their staff, or even your colleagues, what should you say about these bills? Check out our:

 

 

Bill Fact Sheets 

Designed for you to give to legislators, their staff members, and others who should join the campaign to pass these important bills.

 

AB 1335 (Atkins)

Another piece of the housing-affordability package, Assembly Speaker Toni Atikns's AB 1335 is the Building Homes and Jobs Act of 2015. Until now, California's housing trust fund has been funded by periodic, voter-approved housing bonds that eventually run dry. Similar to last year's SB 391, AB 1335 would create an ongoing, predictable source of funding (one of up to a dozen or more that affordable developers must cobble together for each development) to fund the state housing trust fund. For every $500 million generated 29,000 well-paying jobs would be created. The source for all this economic activity would be a $75 document recording fee on real-estate transactions (would NOT affect documents recorded for commerical and residential home sales). The fee would be capped at $225.

 

View Assemblymember Atkins' AB 1335 fact sheet. 

 

 

Please cc:

 

 

View AB 1335 list of coauthors, bill language, and vote history

AB 90 (Chau and Atkins)

While we continue work to fund California's state housing trust fund, at the national level, funding of the National Housing Trust Fund is now underway. Assemblymember Ed Chau's AB 90 creates a framework for how California will spend funds received from the National Housing Trust Fund, which (with the recent lift of the suspension that prevented funding of the trust fund) are expected to begin flowing to California in 2016.

 

View Assemblymember Chau's AB 90 fact sheet

 

 

View AB 90 list of coauthors, bill language, and vote history

 

AB 1056 (Atkins)

 

For those exiting California's correctional facilities, homelessness is a huge contributor to recidivism and for people who suffer from mental-health or substance-use issues, can present an insurmountable barrier to stabilizing one's life. Speaker Atkins's AB 1056, which targets 33 percent of the budget savings under Proposition 47 for use in a rapid rehousing program aimed at helping house formerly incarcerated people who suffer from mental-health or substance-use issues.

 

View Assemblymember Atkins' AB 1056 fact sheet

 

 

View AB 1056 list of coauthors, bill language, and vote history

 

Vision

A California in which no one is homeless and everyone can afford a safe, stable place to call home in a healthy and vibrant community.

Reach Us

Housing California

1107 9th Street, Suite 560

Sacramento, CA 95814

p. 916.447.0503

f. 916.447.1900

staff@housingca.org

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