University of California: faculty and employee housing.
Vote required
Majority
Fiscal committee
No
Appropriation
No
Current location
Housing and Community Development
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Progress
Where this bill stands in the legislative process.
- Introduced
- Passed Assembly
- Passed Senate
- To Governor
- Became Law
Overview
This bill creates a state policy to support affordable housing for University of California faculty and employees who struggle to find suitable housing. It allows the University of California, along with developers receiving affordable housing funds, to restrict occupancy of land they own to these employees, aligning with federal guidelines. The bill establishes a program to facilitate the acquisition, construction, and preservation of affordable rental housing for UC faculty and employees.
Key provisions
- Authorizes the University of California to establish a housing program for faculty and employees.
- Permits the University of California to restrict occupancy of its land to faculty and employees on affordable rental housing developments.
- Aligns with federal guidelines (Section 42(g)(9) of the Internal Revenue Code) regarding affordable housing.
- Allows the University to leverage federal, state, and local funding sources for housing projects.
- Defines key terms related to affordable housing, such as ‘affordable rental housing’ and ‘auxiliary enterprise’.
- Prioritizes University of California employees over local public employees for housing occupancy.
- Establishes a state policy supporting housing for UC faculty and employees.
- Allows for partnerships between the University, developers, and public entities.
Who is affected
- University of California Faculty
Bill text
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Sponsors
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1 on record
Primary sponsor
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