The amendments proposed by AB 3174 aim to ensure that terminology used in the Multifamily Housing Program is clear and consistent with existing regulations, particularly those associated with the federal Low-Income Housing Tax Credit Program. By defining terms like "affordable rent" and "assisted unit," the bill seeks to standardize practices across housing initiatives, potentially enhancing the accessibility and sustainability of affordable housing options in California. These changes could streamline the application process for funding and encourage the development of housing that meets the specified criteria.
Summary
Assembly Bill 3174, introduced by Assembly Member Gabriel, seeks to amend Section 50675.2 of the Health and Safety Code, which pertains to the Multifamily Housing Program. This program is managed by the Department of Housing and Community Development and provides financial assistance via deferred payment loans for various housing projects. The bill primarily focuses on clarifying and making nonsubstantive changes to definitions used within this context, especially those relevant to supportive housing, assisted units, affordable rent, and transitional housing.
Contention
There may be limited contention around AB 3174, given that it is primarily focused on non-substantive definitions rather than introducing new policies or funding mechanisms. However, stakeholders within the housing sector, including advocates for affordable housing, may express opinions concerning how these definitions align with broader housing goals. This measure could be viewed as a technical adjustment, yet it underscores the ongoing efforts to refine housing laws to better serve vulnerable populations.