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SB-1360 Home purchase assistance.(2019-2020)



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SB1360:v99#DOCUMENT


CALIFORNIA LEGISLATURE— 2019–2020 REGULAR SESSION

Senate Bill
No. 1360


Introduced by Senator Caballero

February 21, 2020


An act relating to housing.


LEGISLATIVE COUNSEL'S DIGEST


SB 1360, as introduced, Caballero. Home purchase assistance.
Existing law establishes within the Department of Housing and Community Development the California Housing Finance Agency and provides that the primary purpose of the agency is to meet the housing needs of persons and families of low or moderate income.
This bill would state the intent of the Legislature to enact legislation that would create a program for first-time homebuyers.
Vote: MAJORITY   Appropriation: NO   Fiscal Committee: NO   Local Program: NO  

The people of the State of California do enact as follows:


SECTION 1.

 It is the intent of the Legislature to enact legislation that would create a program for first-time homebuyers.