Joint powers authorities: South Bay Regional Housing Trust.
Vote required
Majority
Fiscal committee
No
Appropriation
No
Current location
Enrolled
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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 amends the law governing the South Bay Regional Housing Trust, a joint powers authority created to fund housing for homeless individuals and families, as well as those with extremely low, very low, and low incomes. It expands the Trust’s authority to include funding the preservation of existing affordable housing and the construction of housing for moderate-income families, utilizing private resources. The bill also modifies the structure of the Trust’s board of directors, outlining the appointment process and including provisions for alternate members and conflict of interest codes.
Key provisions
- Expands the South Bay Regional Housing Trust’s authority to include funding the preservation of affordable housing.
- Authorizes the Trust to fund the construction of housing for moderate-income families using private resources.
- Modifies the board of directors’ appointment process, allowing for alternate members and specifying appointment criteria.
- Requires all directors and alternates to adhere to the Trust’s conflict of interest code.
- Limits the number of meetings non-elected alternate members can participate in to 75% of all meetings.
- Establishes procedures for electing a chairperson and vice chairperson.
- Requires the joint powers agreement to include annual financial reporting and auditing requirements.
- Mandates compliance with state funding source regulations.
Who is affected
- County of Los Angeles
Bill text
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Sponsors
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1 on record
Primary sponsor
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