AB 90 (Atkins)

Federal Housing Trust Fund.

2015

Description:

Would designate the Department of Housing and Community Development as the state agency responsible for administering the federal Housing Trust Fund. The bill would require the department to administer the federal funds pursuant to the multifamily housing program, except that up to 10% of the funds may be appropriated by the Legislature to the CalHome Program. The bill would require the department to submit notifications with specified information relating to the distribution, awarding, and expenditure of the federal funds, as prescribed. This bill contains other existing laws.

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