California · 2025-2026 Regular Session

AB 2626Passed

Housing programs: financing.

Source of recordCalifornia · leginfo.legislature.ca.govLast synced Aug 31, 2026

Vote required

Majority

Fiscal committee

Appropriation

Current location

Appropriations

Chamber

Assembly

Progress

Where this bill stands in the legislative process.

Introduced
Passed Assembly
Passed Senate
To Governor
Became Law

Overview

This bill modifies how the Department of Housing and Community Development manages loans and grants for housing projects. It allows the department to waive residual receipts or minimum annual loan payments used for project monitoring, based on a cost assessment and the project’s ability to pay. This change aims to improve the financial stability of projects funded by the department. The bill introduces a new section within the Health and Safety Code to formalize this waiver authority.

Key provisions

Allows the Department of Housing and Community Development to waive residual receipts.
Allows the Department of Housing and Community Development to waive minimum annual loan payments.
Waivers are based on the department’s actual monitoring costs and the project’s ability to pay.
This change is intended to improve the fiscal integrity of projects.
The provision is implemented through a new section (50406.4.7) of the Health and Safety Code.

Who is affected

Department of Housing and Community Development
Developers of housing projects
Homeowners benefiting from funded housing projects

Notable changes

Introduces a new mechanism for the Department of Housing and Community Development to manage loan payments related to project monitoring.

Bill text

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Jun 15, 2026HTMLView source

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Legislative history

17 recorded actions · showing the most recent 12

Apr 2, 2026

In committee: Set, first hearing. Hearing canceled at the request of author.

Apr 15, 2026

From committee: Do pass and re-refer to Com. on APPR. (Ayes 12. Noes 0.) (April 15). Re-referred to Com. on APPR.

Apr 29, 2026

In committee: Set, first hearing. Referred to APPR. suspense file.

May 14, 2026

From committee: Do pass. (Ayes 13. Noes 1.) (May 14).

May 18, 2026

Read second time. Ordered to third reading.

May 27, 2026

Read third time. Passed. Ordered to the Senate. (Ayes 69. Noes 1.)

May 28, 2026

In Senate. Read first time. To Com. on RLS. for assignment.

Jun 10, 2026

Referred to Com. on HOUSING.

Jun 15, 2026

From committee chair, with author's amendments: Amend, and re-refer to committee. Read second time, amended, and re-referred to Com. on HOUSING.

Jun 25, 2026

From committee: Do pass and re-refer to Com. on APPR. with recommendation: To Consent Calendar. (Ayes 10. Noes 0.) (June 24). Re-referred to Com. on APPR.

Aug 3, 2026

In committee: Referred to APPR. suspense file.

Aug 13, 2026

In committee: Held under submission.

Votes

Recorded roll calls and chamber actions on this bill.

Vote map

House districts

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Nay

Yea

Floor votes and chamber actions

Recorded roll calls list how each member voted. Unanimous consent or voice vote appears in the official action history without a roll call; no member-level tally is available for those steps.

Recorded roll calls

Geography

Recorded positions across the state.

No public positions recorded for this legislation.

Arguments

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Housing programs: financing.

Progress

Overview

Key provisions

Who is affected

Notable changes

Bill text

Sponsors

Primary sponsor

Legislative history

Votes

Vote map

Floor votes and chamber actions

Recorded roll calls

Geography

Arguments

Arguments in favor

Arguments opposed

Geography

Legislative history

Votes

Vote map

Floor votes and chamber actions

Recorded roll calls