California 2023-2024 Regular Session

California Assembly Bill AB49

Introduced
12/5/22  
Failed
2/1/24  
Introduced
12/5/22  
Failed
2/1/24  

Caption

Affordable housing.

Impact

If enacted, AB 49 would enhance the current legislative framework surrounding housing by emphasizing the urgency of increasing affordable housing availability. Specifically, it would authorize more decisive actions and funding allocations aimed at housing development, potentially leading to increased collaboration among state agencies and local governments. The intent to reduce homelessness is central to the bill, which seeks to provide greater support for vulnerable populations and ensure that housing remains accessible amid rising costs and demand.

Summary

Assembly Bill No. 49, introduced by Assembly Member Soria, aims to address critical issues related to housing accessibility in California. The bill expresses the intent of the Legislature to enact legislation that would significantly increase the supply of affordable housing in the state. This initiative is particularly relevant given the ongoing housing crisis affecting many communities, which poses significant challenges for residents seeking affordable living options. The bill aligns with existing programs, including the Affordable Housing Revolving Development and Acquisition Program, which funds property acquisition to develop or preserve affordable housing.

Contention

While AB 49 represents a proactive approach to tackling housing shortages, it may face contention during discussions among lawmakers and stakeholders. Critics may argue about the feasibility of significantly increasing affordable housing in a landscape characterized by regulatory hurdles and local opposition to new developments. Additionally, some may question the adequacy of funding and resources necessary to implement the bill's objectives effectively. Advocates of the bill will likely emphasize the importance of immediate legislative action to curb the impacts of homelessness and housing instability, positioning the legislation as a critical step toward long-term solutions.

Companion Bills

No companion bills found.

Previously Filed As

CA AB3046

Affordable Housing: rural areas.

CA AB1695

Affordable housing loan and grant programs: adaptive reuse.

CA SB555

Stable Affordable Housing Act of 2023.

CA SB3

Veterans and Affordable Housing Bond Act of 2018.

CA AB736

The Affordable Housing Bond Act of 2026.

CA ACA4

Homelessness and affordable housing.

CA AB1068

Affordable housing: alternative forms of development.

CA AB1945

Affordable Disaster Housing Revolving Development and Acquisition Program.

CA AB1607

Los Angeles County Affordable Housing Solutions Agency.

CA SB649

Local governments: affordable housing: local tenant preference.

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CA AB599

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CA AB1

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AK SCR1

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