Local education agency-owned land: development of affordable housing.
Vote required
Majority
Fiscal committee
No
Appropriation
No
Current location
Appropriations
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Progress
Where this bill stands in the legislative process.
- Introduced
- Passed Senate
- Passed Assembly
- To Governor
- Became Law
Overview
This bill allows local education agencies to offer their unused land for the development of affordable housing. The Department of Housing and Community Development (HCD), in collaboration with the Department of General Services (DGS), will assess the suitability of the land based on established criteria. Once deemed suitable, the land will be publicly listed for developers and offer a right of first refusal to school district employees and local tenants for housing units built on the land. The bill also adjusts funding allocations within the Building Homes and Jobs Trust Fund to prioritize affordable housing development.
Key provisions
- Local education agencies can submit a list of available land to HCD for affordable housing consideration.
- HCD, with DGS, will evaluate land suitability based on established criteria.
- Suitable land will be publicly listed through existing inventory and a housing sponsor contact list.
- Affordable housing developments on this land must offer a right of first refusal to school district employees.
- School district employees are prioritized over local tenants for housing.
- The Building Homes and Jobs Trust Fund will shift funding priorities, reducing a portion allocated to the California Housing Finance Agency.
- 5% of the fund will be dedicated to a revolving loan fund for local education agencies building workforce housing.
Who is affected
- Local Education Agencies
- Housing Developers
Bill text
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