Multifamily Housing Program.

Existing law establishes the Multifamily Housing Program, pursuant to which the Department of Housing and Community Development provides loans to pay specified costs of housing projects that meet specified criteria. Existing law requires the loans to be provided using a project selection process that, among other things, evaluates projects for funding based on weighted underwriting and evaluative criteria that give consideration to projects that meet certain criteria, including whether the project services households at the lowest income levels, as specified. This bill would include among the evaluative criteria whether the projects allocate 25% of units for individuals with disabilities who receive regional center services or in-home supportive services.