Affordable housing.
Summary
Existing law authorizes the Department of Housing and Community Development to approve an extension of a department loan, the subordination of a department loan to new debt, or an investment of tax credit equity under specified rental housing finance programs, subject to specified conditions. This bill would include within these provisions the reinstatement of a qualifying unpaid matured loan, as defined. This bill would require a qualifying unpaid matured loan reinstated under these provisions to be treated as if its term has been extended from the expired due date for purposes of calculating obligations of the borrower to the department.
Bill status
signed
all 5 stages cleared
Introduction
Feb 2014
Committee Review
Aug 2014
Assembly Passage
May 2014
Senate Passage
Aug 2014
Signed into Law
Sep 2014
Introduced Feb 20, 2014
Signed Sep 27, 2014
Floor votes · Senate Aug 13, 2014 · Assembly May 27, 2014
How they voted
24–9
Passed · 7 other
Total votes 40
Aug 13, 2014
D
Democratic28
82% Yea
R
Republican12
75% Nay
Vote distribution
All Yea
All Nay
Mixed
No data
Full legislative history
Actions timeline
Total actions
27
Key actions
11
Committee
12
Amendments
4
Sep 27, 2014
Signed into law
Approved by the Governor.
legislature
Aug 18, 2014
Lower · Passed
Senate amendments concurred in. To Engrossing and Enrolling. (Ayes 54. Noes 24. Page 6102.).
lower
Aug 13, 2014
Senate · Passed
Senate Vote: pass (24-9-7)
senate
Aug 13, 2014
Introduced
In Assembly. Concurrence in Senate amendments pending. May be considered on or after August 15 pursuant to Assembly Rule 77.
lower
Aug 11, 2014
Upper · Passed
From committee: Do pass. (Ayes 5. Noes 2.) (August 11).
upper
Aug 5, 2014
Introduced
From committee chair, with author's amendments: Amend, and re-refer to committee. Read second time, amended, and re-referred to Com. on APPR.
upper
Aug 4, 2014
Upper · Passed
In committee: Set, first hearing. Hearing canceled at the request of author.
upper
Jun 30, 2014
Upper · Passed
In committee: Hearing postponed by committee.
upper
Jun 18, 2014
Upper · Passed
From committee: Do pass and re-refer to Com. on APPR. (Ayes 9. Noes 1.) (June 17). Re-referred to Com. on APPR.
upper
Jun 5, 2014
Committee
Referred to Com. on T. & H.
upper
May 27, 2014
Assembly · Passed
Assembly Vote: pass (53-22-2)
assembly
May 14, 2014
Lower · Passed
From committee: Do pass. (Ayes 12. Noes 5.) (May 14).
lower
Apr 30, 2014
Lower · Passed
From committee: Do pass and re-refer to Com. on APPR. (Ayes 5. Noes 2.) (April 30). Re-referred to Com. on APPR.
lower
Apr 24, 2014
Committee
Re-referred to Com. on H. & C.D.
lower
Apr 23, 2014
Introduced
From committee chair, with author's amendments: Amend, and re-refer to Com. on H. & C.D. Read second time and amended.
lower
Apr 1, 2014
Committee
Re-referred to Com. on H. & C.D.
lower
Mar 28, 2014
Introduced
From committee chair, with author's amendments: Amend, and re-refer to Com. on H. & C.D. Read second time and amended.
lower
Mar 28, 2014
Committee
Referred to Com. on H. & C.D.
lower
Feb 21, 2014
Lower · Passed
From printer. May be heard in committee March 23.
lower
1 primary · 0 co-sponsors
Sponsors
Role
Legislator
Party
State
District
P
Ed Chau
DDemocratic
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