Bill Text: CA AB2200 | 2015-2016 | Regular Session | Amended
Bill Title: School Employee Housing Assistance Grant Program.
Spectrum: Partisan Bill (Democrat 1-0)
Status: (Failed) 2016-11-30 - From committee without further action. [AB2200 Detail]
Download: California-2015-AB2200-Amended.html
BILL NUMBER: AB 2200 AMENDED
BILL TEXT
AMENDED IN ASSEMBLY APRIL 14, 2016
AMENDED IN ASSEMBLY MARCH 17, 2016
INTRODUCED BY Assembly Member Thurmond
FEBRUARY 18, 2016
An act to add Chapter 12 (commencing with Section 51520) to Part 3
of Division 31 of the Health and Safety Code, relating to housing,
and making an appropriation therefor.
LEGISLATIVE COUNSEL'S DIGEST
AB 2200, as amended, Thurmond. School Employee Housing Assistance
Grant Program.
Existing law requires the California Housing Finance Agency to
administer various housing programs.
This bill would require the California Housing Finance Agency to
administer a grant program, as specified,
program to provide development financing
assistance assistance, as specified, to
a qualified school district, as defined, and to a qualified
developer, as defined, for the creation of affordable rental
housing for school employees, including teachers. The bill would
require the State Department of Education to certify that a school
district seeking a grant meets the definition of qualified school
district. The bill would transfer $100,000,000 from the General
Fund to the School Employee Housing Assistance Grant
Fund, which would be created by this bill, and would
continuously appropriate those moneys to the agency for the purposes
described above and to reimburse the agency and the State
Department of Education for costs incurred in the administration of
the program . The bill would require a qualified
school district to apply for grants, as provided, and to submit
specified information to the agency. qualified school
districts and qualified developers to apply for the financing
assistance, as provided.
Vote: 2/3. Appropriation: yes. Fiscal committee: yes.
State-mandated local program: no.
THE PEOPLE OF THE STATE OF CALIFORNIA DO ENACT AS FOLLOWS:
SECTION 1. Chapter 12 (commencing with Section 51520) is added to
Part 3 of Division 31 of the Health and Safety Code, to read:
CHAPTER 12. SCHOOL EMPLOYEE HOUSING ASSISTANCE GRANT
PROGRAM
51520. For purposes of this chapter, a "qualified
all of the following shall apply:
(a) "Affordable rental housing" means housing that serves persons
and families of low or moderate income as defined by Section 50093 of
the Health and Safety Code.
(b) "Qualified developer" means a developer that has partnered
with a qualified school district to create affordable rental housing
for school district employees, including teachers.
(c) "Qualified school district"
means a school district that satisfies all of the following:
(a)
(1) Has acquired and designated surplus land from any
of the following:
(1)
(A) A school district.
(2)
(B) A special district.
(3)
(C) A city.
(b)
(2) Has a high average cost for the recruitment of
teachers.
(c)
(3) Has a low retention rate.
(d)
(4) Has 60 percent of its students participating in the
National School Lunch Program.
51521. (a) The agency shall administer a grant
program to provide development financing
assistance to qualified school districts for the
creation of affordable rental housing for school district employees,
including teachers. The The financing
assistance shall be in both of the following forms:
(1) Predevelopment grants to qualified school districts.
(2) Loans to qualified developers.
(b) The agency shall do all of
the following:
(1) Be responsible for overseeing the grant
program.
(2) Award predevelopment grants to qualified school
districts.
(3) Determine the predevelopment grant amount and the development
grant amount for each qualified school district pursuant to Section
51523.
(3) Make loans to qualified developers.
(4) Publish deadlines and written procedures for a
qualified school district qualified school districts
and qualified developers to apply for grants.
financing assistance.
(5) Provide technical assistance to a qualified school district
that is not eligible to receive a development grant in applying for
additional public funds.
(b)
(c) A qualified school district seeking a grant shall
do both of the following:
(1) Apply for a predevelopment grant in the form and
manner prescribed by the agency.
(2) Submit both of the following to the agency:
the certification provided by the State Department of Education
pursuant to Section 51521.5 to the agency.
(A) An eligible basis certification pursuant to Section 10322 of
Division 17 of Title 4 of the California Code of Regulations, as it
read on January 1, 2017.
(B) An itemized list of funds from state and federal programs and
private funds used to cover projects costs.
(d) A qualified developer seeking a loan shall apply for a loan in
the form and manner prescribed by the agency.
51521.5. (a) A school district seeking a predevelopment grant
shall apply to the State Department of Education, in the form and
manner prescribed by the department, for certification as a qualified
school district.
(b) The State Department of Education shall certify that a school
district seeking a predevelopment grant meets the definition of
qualified school district as defined by Section 51520 and provide the
qualified school district with the certification.
51522. (a) There is hereby transferred from the General Fund to
the School Employee Housing Assistance Grant Fund,
which is hereby created in the State Treasury, the sum of one
hundred million dollars ($100,000,000).
(b) (1) Notwithstanding
Section 13340 of the Government Code, all moneys in the fund shall be
continuously appropriated to the agency for the purposes of
this chapter. all of the following purposes:
(1) To reimburse the agency for any administrative costs incurred
in the administration of this chapter. This amount shall not exceed 5
percent of the amount appropriated to the agency pursuant to this
section.
(2) To reimburse the State Department of Education for the costs
of certifying qualified school districts pursuant to Section 51521.5.
This amount shall not exceed ____ percent of the amount appropriated
to the agency pursuant to this section.
(3) For making predevelopment grants to qualified school
districts. This amount shall not exceed 5 percent of the amount
appropriated to the agency pursuant to this section.
(4) For making loans to qualified developers.
(2) The agency shall use 5 percent of the moneys appropriated to
it pursuant to this section for predevelopment grants.
51523. (a) The agency shall determine both of the following for
each qualified school district to be awarded a grant:
(1) (A) The predevelopment grant amount, which shall be equal to
the predevelopment costs of the project excluding any costs related
to the acquisition of the land.
(B) In order to be eligible to receive a predevelopment grant, the
qualified school district must show a measurable degree of
incapacity to fund the predevelopment project costs.
(2) The development grant amount, which shall be the difference
between the eligible basis as specified in the eligible basis
certification, excluding any costs related to the acquisition of the
land and any predevelopment project costs, and the total amount of
any public and private funds received for the development of the
project.
(b) In order to be eligible to receive a development grant, the
qualified school district must show that the project is not eligible
for additional public funds as described in its eligible basis
certification and that the project is subject to a project labor
agreement and prevailing wage requirements.
51523. (a) The agency shall make loans to qualified developers
using a project selection process established by the agency that
meets all of the following requirements:
(1) To the extent feasible, ensures a reasonable geographic
distribution of funds.
(2) Requires applications for projects to meet minimum threshold
requirements, including, but not limited to, all of the following:
(A) The proposed project is located within reasonable proximity to
public transportation and services.
(B) Development costs for the proposed project are reasonable
compared to costs of comparable projects in the area.
(C) The proposed project is be feasible.
(3) The proposed project leverages other funds where they are
available.
(b) (1) Loans made pursuant to this section shall be for a term of
not less than 55 years.
(2) Principal and accumulated interest is due and payable upon
completion of the term of the loan. The loan shall bear simple
interest at the rate of 3 percent per annum on the unpaid principal
balance.
(3) Any moneys that the agency receives in repayment of the loans,
including interest, shall be deposited in the School Employee
Housing Assistance Fund. These moneys shall be used for the purposes
of this chapter.
(c) Each project shall be eligible for a loan not to exceed ten
million dollars ($10,000,000).
