Today's Law As Amended


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AB-2049 Housing: EO N-06-19 State Land Affordable Housing Infrastructure, Demolition, Abatement, and Remediation Fund: grant program.(2021-2022)



As Amends the Law Today


SECTION 1.

 Part 11.2 (commencing with Section 15870) is added to Division 3 of Title 2 of the Government Code, to read:

PART 11.2. EO N-06-19 Fund and Grant Program

15870.
 For purposes of this part:
(a) “Fund” means the EO N-06-19 State Land Affordable Housing Infrastructure, Demolition, Abatement, and Remediation Fund, as established pursuant to Section 15870.1.
(b) “Qualified activities” means the construction of infrastructure, demolition of existing buildings, abatement, or remediation of qualified development projects.
(c) “Qualified development project” means a development project that provides affordable housing units.
(d) “Qualified property” means any property identified as excess state-owned land pursuant to Executive Order No. N-06-19 and that has been identified since the issuance of Executive Order No. N-06-19.
15870.1.
 The EO N-06-19 State Land Affordable Housing Infrastructure, Demolition, Abatement, and Remediation Fund is hereby established. Moneys in the fund shall be available to the state agency administering this part upon appropriation by the Legislature for purposes of this part.
15870.2.
 (a) Upon appropriation by the Legislature, the state agency administering this part shall establish and administer a grant program pursuant to this part.
(b) The grant program required by this part shall meet all of the following requirements:
(1) Grants shall be for qualified activities on qualified property.
(2) The applicant shall be the developer that undertook the qualified activities.
(3) Grants shall be provided based on the number of affordable housing units built or proposed to be built on qualified property and based on the total amount needed to cover the qualified activities, as calculated by the developer and approved by the state agency.
(4) Grants shall be provided to qualified development projects that are completed, under construction, or in preparation for construction. The applicant may seek reimbursement if the qualified development projects are completed or under construction.
(5) The applicant shall demonstrate to the state agency the total number of units built or to be built on the qualified property and the percentage or number of affordable housing units in the qualified development.
(c) For grants awarded for qualified activities that are not completed or have not been started at the time the grant is awarded to the successful applicant, any moneys awarded to the developer that are not used when the qualified development project is completed shall be returned to the state agency and deposited into the fund.
15870.3.
 The state agency shall implement rules and regulations for purposes of administering this part, including, but not limited to, all of the following:
(a) An application that developers shall use when applying to the grant program.
(b) Guidelines for when a qualified development project is completed, for purposes of subdivision (c) of Section 15870.2.
(c) For grants awarded to a developer for qualified activities that are not completed or have not been started at the time the grant is awarded to the successful applicant, guidelines for timelines on when the qualified activities shall be completed.
SEC. 2.
 It is the intent of the Legislature to enact subsequent legislation designating a state agency to administer the EO N-06-19 State Land Affordable Housing Infrastructure, Demolition, Abatement, and Remediation Fund established by Part 11.2 (commencing with Section 15870) of Division 3 of Title 2 of the Government Code, as added by Section 1 of this act.