Updated: Sep 19, 2022
UPDATE: This legislation failed passage in the Senate on 6-30-22.
AB 1850 was introduced on 2-8-22 by Assembly Member Ward.
This bill would prohibit a city, county, or other agency from acquiring unrestricted housing, unless each unit in the development meets specific criteria. Initial rents for the first 12 months must be at least 10% less than the average monthly rent charged for the unit over a 12 month period prior to the purchase, and at least 20% less than the fair market rent.
UPDATE: This legislation is currently scheduled for hearing with the Committee on Judiciary on 5-2-23. SB 863 was introduced by Senator Allen on 2-17-23. This bill would increase the amount of time a
UPDATE: This legislation is currently under review by the Committee on Governance and Finance. SB 834 was introduced by Senator Portantinoe on 2-17-23. This bill would create a bond fund for distribut
UPDATE: This legislation is currently under review by the Committees on Judiciary and Rules. SB 795 was introduced by Senators Stern and Cortese on 2-17-23. This bill would require the State Energy Re
