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California 20252026

SB 1388

Affordable Housing Risk Reduction Program.

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Source: Open States / PluralUpdated 2026-09-12 13:12:55 UTC.

Official record

Measure details

Jurisdiction
California
Session
20252026
Chamber
upper
Classification
bill
Subjects
AffordableHousingRiskReductionProgram
Introduced / first action
2026-02-20 00:00:00

Alternate titles

  • Local agencies: improvement and maintenance of natural habitat.

Source-supplied abstracts

Existing law establishes the Department of Housing and Community Development and requires it to administer various programs intended to promote the development of housing, including the Multifamily Housing Program, pursuant to which the department provides assistance in the form of deferred payment loans to pay for the eligible costs of development of specified types of housing projects, as provided. This bill would establish the Affordable Housing Risk Reduction Program, administered by the department, to provide technical assistance and supportive resources to affordable housing providers to help them mitigate risk in their portfolio and secure more affordable insurance options. The bill would require the department to develop technical assistance to support affordable housing providers, and would authorize the department and third-party consultants to provide both individual technical assistance to affordable housing providers and develop technical assistance tools that can be made broadly accessible to those providers.

Sponsors

Source-supplied history

Actions

  1. Enrolled and presented to the Governor at 2 p.m.

    executive-receipt

  2. Assembly amendments concurred in. (Ayes 30. Noes 10.) Ordered to engrossing and enrolling.

    amendment-passage, committee-passage, committee-passage-favorable

  3. From committee: That the Assembly amendments be concurred in. (Ayes 8. Noes 2.)

    committee-passage

  4. From committee: Be re-referred to Com. on HOUSING pursuant to Senate Rule 29.10(d). (Ayes 5. Noes 0.) Re-referred to Com. on HOUSING.

    committee-passage, referral-committee

  5. Re-referred to Com. on RLS. pursuant to Senate Rule 29.10(d).

    referral-committee

  6. In Senate. Concurrence in Assembly amendments pending.

  7. Read third time. Passed. (Ayes 63. Noes 11. Page 6477.) Ordered to the Senate.

    passage, reading-1, reading-3

  8. Ordered to third reading.

    reading-1, reading-3

  9. Read third time and amended.

    amendment-passage, reading-1, reading-3

  10. Assembly Rule 69(b)(1) suspended. (Ayes 55. Noes 17. Page 6296.)

  11. Read second time. Ordered to third reading.

    reading-1, reading-2, reading-3

  12. Read second time and amended. Ordered to second reading.

    amendment-passage, reading-1, reading-2

  13. From committee: Do pass as amended. (Ayes 11. Noes 2.) (August 13).

    amendment-passage, committee-passage, committee-passage-favorable

  14. Assembly Rule 63 suspended.

  15. August 5 set for first hearing. Placed on suspense file.

  16. Read second time and amended. Re-referred to Com. on APPR.

    amendment-passage, reading-1, reading-2, referral-committee

  17. From committee: Do pass as amended and re-refer to Com. on APPR. (Ayes 10. Noes 1.) (July 1).

    amendment-passage, committee-passage, committee-passage-favorable, referral-committee

  18. Re-referred to Com. on H. & C.D. pursuant to Assembly Rule 96.

    referral-committee

  19. From committee with author's amendments. Read second time and amended. Re-referred to Com. on INS.

    amendment-passage, committee-passage, reading-1, reading-2, referral-committee

  20. Re-referred to Coms. on INS. and H. & C.D. pursuant to Assembly Rule 96.

    referral-committee

  21. From committee with author's amendments. Read second time and amended. Re-referred to Com. on L. GOV.

    amendment-passage, committee-passage, reading-1, reading-2, referral-committee

  22. Referred to Com. on L. GOV.

    referral-committee

  23. In Assembly. Read first time. Held at Desk.

    reading-1

  24. Read third time. Passed. (Ayes 36. Noes 0. Page 4167.) Ordered to the Assembly.

    passage, reading-1, reading-3

  25. Read second time. Ordered to consent calendar.

    reading-1, reading-2

  26. From committee: Do pass. Ordered to consent calendar. (Ayes 7. Noes 0. Page 4096.) (April 29).

    committee-passage, committee-passage-favorable

  27. Set for hearing April 29.

  28. Referred to Com. on L. GOV.

    referral-committee

  29. Read first time.

    reading-1

  30. From printer. May be acted upon on or after March 23.

  31. Introduced. To Com. on RLS. for assignment. To print.

    introduction, referral-committee

Documents and versions

Official links

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Related measures

No resolvable related measure is supplied.