File #: 20-0359    Version: 1 Name:
Type: Report Status: Executive Board Approval
File created: 2/12/2020 In control: ABAG Executive Board
On agenda: 2/20/2020 Final action: 2/20/2020
Title: Senate Bill 795 (Beall): Affordable Housing and Community Development Investment Program SB 795 is a reintroduction of SB 5 (Beall), which MTC and ABAG supported last year, but which was ultimately vetoed by the Governor due to concerns about its impact on the General Fund. The bill would establish a new mechanism to use local property tax revenue for affordable housing, infrastructure and climate change mitigation, among other purposes.
Attachments: 1. Item 07b 1 Summary Sheet AB 795 Beall v2.pdf, 2. Item 07a 2 Attachment Joint Summary Sheet AB 795 Beall.pdf

Title

Senate Bill 795 (Beall): Affordable Housing and Community Development Investment Program

 

SB 795 is a reintroduction of SB 5 (Beall), which MTC and ABAG supported last year, but which was ultimately vetoed by the Governor due to concerns about its impact on the General Fund. The bill would establish a new mechanism to use local property tax revenue for affordable housing, infrastructure and climate change mitigation, among other purposes.

Body

 

Presenter

Rebecca Long

Body

 

Action

Approval

Body