HR 76 by Schultz
HR 76
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Progress
Where this bill stands in the legislative process.
- Introduced
- Passed Assembly
- Passed Senate
- To Governor
- Became Law
Overview
This resolution recognizes the importance of affordable homeownership in California, highlighting its role in economic stability, racial equity, and intergenerational wealth building. It specifically emphasizes the CalHome Program as a key mechanism for producing and preserving affordable homeownership opportunities for lower-income Californians. The resolution calls for a comprehensive housing strategy that prioritizes increasing the supply of affordable homes for purchase.
Key provisions
- Recognizes the vital role of affordable homeownership in California’s economic future.
- Affirms the importance of the CalHome Program.
- Calls for a comprehensive housing strategy that includes increasing the supply of affordable homes.
- Highlights the connection between homeownership and improved educational outcomes, health, and civic participation.
- Acknowledges the racial disparities in homeownership rates within California.
- Recognizes the CalHome Program's role in building and preserving affordable homeownership across the state.
- Notes the impact of the state's housing deficit on affordability.
- Suggests prioritizing affordable homeownership across state actions, including budget allocations and policy.
Who is affected
- California homeowners
- Lower-income families
- Latinx households
- Black households
- Nonprofit homebuilders (e.g., Habitat for Humanity)
Bill text
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Sponsors
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Primary sponsor
Cosponsors
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