Today's Law As Amended


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AB-1492 Department of Housing and Community Development: high-opportunity areas.(2021-2022)



As Amends the Law Today


SECTION 1.

 Section 50467 is added to the Health and Safety Code, to read:

50467.
 (a) By January 1, 2023, the Department of Housing and Community Development shall designate areas in this state as high-opportunity areas in accordance with this section. In designating areas of the state as high-opportunity areas, the department shall collaborate with academic experts and shall solicit input from members of the public and ensure participation from all economic segments of the community as well as members of those classes protected pursuant to Section 12955 of the Government Code.
(1) The department shall consider any area designated as “highest resource” or “high resource” on the most recent Opportunity Maps adopted by the California Tax Credit Allocation Committee as a potential high-opportunity area.
(2) The department shall not designate a potential high-opportunity area as a high-opportunity area if either of the following conditions apply:
(A) The area is at risk of displacement of lower income households and households of color, or has seen significant displacement of lower income households and households of color within the 10 years preceding the designation of high-opportunity areas pursuant to this subdivision.
(B) Low wage workers in the potential high-opportunity area do not have significantly longer commutes to work than other low wage workers within the region.
(3) In determining potential high-opportunity areas to be excluded from the designation of high-opportunity areas pursuant to this subdivision, the department shall seek input from community-based organizations with experience working with low-income communities and communities of color.
(4) The department shall update its designations of high-opportunity areas pursuant to this subdivision within six months of the adoption of new Opportunity Maps by the California Competes Tax Credit Committee.
(b) It is the intent of the Legislature that cities and counties provide adequate opportunities for the development of multifamily and affordable housing within high-opportunity areas, consistent with their obligation to affirmatively further fair housing pursuant to Section 8899.50 of the Government Code.