Bill Text: CA AB434 | 2019-2020 | Regular Session | Amended
Bill Title: Housing financing programs: uniform procedures.
Spectrum: Partisan Bill (Democrat 1-0)
Status: (Passed) 2020-09-28 - Chaptered by Secretary of State - Chapter 192, Statutes of 2020. [AB434 Detail]
Download: California-2019-AB434-Amended.html
Amended
IN
Assembly
March 26, 2019 |
Assembly Bill | No. 434 |
Introduced by Assembly Member Daly |
February 11, 2019 |
LEGISLATIVE COUNSEL'S DIGEST
Existing law authorizes the owner of a qualified historical property to contract with a legislative body of a city, county, or city and county to restrict the use of the property, and requires specified provisions to be included within the contract.
This bill would make nonsubstantive changes to that law.
Digest Key
Vote: MAJORITY Appropriation: NO Fiscal Committee:Bill Text
The people of the State of California do enact as follows:
SECTION 1.
Section 50468 is added to the Health and Safety Code, to read:50468.
(a) For purposes of this section, “program bond funds” means funds made available pursuant to the Veterans and Affordable Housing Bond Act of 2018 (Part 16 (commencing with Section 54000)) and Article 5z (commencing with Section 998.600) of Chapter 6 of Division 4 of the Military and Veterans Code for those programs specified in Section 54006 and the Veterans’ Farm and Home Purchase Act of 1974 (Article 3.1 (commencing with Section 987.50) of Chapter 6 of Division 4 of the Military and Veterans Code).SEC. 2.
Section 50517.11 is added to the Health and Safety Code, to read:50517.11.
Notwithstanding any other law, an applicant seeking funds made available for the Joe Serna, Jr. Farmworker Housing Grant Program pursuant to subdivision (e) of Section 54006 may submit, and the department shall accept, an application for funding under the Joe Serna, Jr. Farmworker Housing Grant Program using the form developed pursuant to Section 50468.SEC. 3.
Section 50650.4 of the Health and Safety Code is amended to read:50650.4.
(a) To be eligible to receive a grant or loan, local public agencies or nonprofit corporations shall demonstrate sufficient organizational stability and capacity to carry out the activity for which they are requesting funds, including, where applicable, the capacity to manage a portfolio of individual loans over an extended time period. Capacity may be demonstrated by substantial successful experience performing similar activities, or through other means acceptable to the department. In administering the CalHome program, the department may permit local agencies and nonprofit corporations to apply their own underwriting guidelines when evaluating CalHome rehabilitation loan applications, following prior review and approval of those guidelines by the department. The local agency or nonprofit corporation shall not subsequently alter its underwriting guidelines with respect to the use of CalHome funds without review and approval by the department. In allocating funds, the department shall utilize a competitive application process, using weighted evaluation criteria, including, but not limited to, the extent that the program or project utilizes volunteer or self-help labor, trains youth and young adults in construction skills, creates balanced communities, involves community participation, or whether the program or project contributes toward community revitalization. To the extent feasible, the application process shall ensure a reasonable geographic distribution of funds.SEC. 4.
Section 50675.7 of the Health and Safety Code is amended to read:50675.7.
Loans shall be provided using a project selection process established by the department that meets all of the following requirements:(1)
(2)
(3)
(4)
SEC. 5.
Section 50696.5 is added to the Health and Safety Code, to read:50696.5.
Notwithstanding any other law, an applicant seeking funds made available for purposes of the program pursuant to subdivision (d) of Section 54006 may submit, and the department shall accept, an application for funding under the program using the form developed pursuant to Section 50468.SEC. 6.
Section 50842.2 of the Health and Safety Code is amended to read:50842.2.
(a) There is hereby established the Local Housing Trust Fund Matching Grant Program, to be administered by the department, for the purpose of supporting local housing trust funds dedicated to the creation or preservation of affordable housing as described in this section. Local housing trust funds shall be derived on an ongoing basis from private contributions or governmental sources that are not otherwise restricted in use for housing programs.SEC. 7.
Section 53545.13 of the Health and Safety Code is amended to read:53545.13.
(a) The Infill Incentive Grant Program of 2007 is hereby established to be administered by the department.(1)
(A)
(B)
(C)
(2)
(3)
(4)
(5)
(6)
SEC. 8.
Section 53567 is added to the Health and Safety Code, to read:53567.
Notwithstanding any other law, a developer seeking funds made available for purposes of this part pursuant to subdivision (b) of Section 54006 may submit, and the department shall accept, an application for funding under this part using the form developed pursuant to Section 50468.SEC. 9.
Section 987.565 is added to the Military and Veterans Code, to read:987.565.
Notwithstanding any other law, an applicant seeking a loan with funds made available for purposes of this article pursuant to Section 908.603 may submit, and the department shall accept, an application using the form developed by the Department of Housing and Community Development pursuant to Section 50468 of the Health and Safety Code.A contract entered into under this article shall contain all of the following provisions:
(a)The term of the contract shall be for a minimum period of 10 years.
(b)Where applicable, the contract shall provide the following:
(1)For the preservation of the qualified historical property and, when necessary, to restore and rehabilitate the property to conform to
the rules and regulations of the Office of Historic Preservation of the Department of Parks and Recreation, the United States Secretary of the Interior’s Standards for Rehabilitation, and the State Historical Building Code.
(2)For an inspection of the interior and exterior of the premises by the city, county, or city and county, prior to a new agreement, and every five years thereafter, to determine the owner’s compliance with the contract.
(3)For the contract to be binding upon, and inure to the benefit of, all successors in interest of the owner. A successor in interest shall have the same rights and obligations under the contract as the original owner who entered into the
contract.