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SB-2 California Building Homes and Jobs Act: Difference between revisions
SB-2 California Building Homes and Jobs Act (view source)
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2017 California Senate Bill '''SB 2''', the '''Building Homes and Jobs Act''', was introduced by Senator Atkins
The SB 2 bill text, history, votes, etc. are available via the [https://leginfo.legislature.ca.gov/faces/billNavClient.xhtml?bill_id=201720180SB2 governmental California Legislative Information website]
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The act provides for the allocation of funds from this permanent source to local governments in order to support and promote affordable housing programs and initiatives. The stipulations of the legislation are slated to produce about $250 million a year in funding, most of which would help finance low-income and homeless housing. In addition to standard residential affordable housing, the act would provide assistance for homebuyers and funding for farmworker housing and would help cities plan for development of housing.To help evaluate the effectiveness of its use, the legislation imposes reporting and auditing requirements related to these state-funded initiatives. SB 2 is an "urgency statute" and as such slated for immediate implementation.
== References ==
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Los Angeles Times. "[http://www.latimes.com/opinion/editorials/la-ed-housing-bills-20170904-story.html Editorial: Don't Let California's Housing Crisis Get Worse. Lawmakers Need to Act on these Bills]," 4 Sept. 2017
[[Category:Politics]] [[Category:Housing]] [[Category:California Legislation]] [[Category:Development]]
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