Department of Housing and Community Development: housing bond programs.

Existing law establishes the Department of Housing and Community Development within the Business, Consumer Services, and Housing Agency and sets forth its powers and duties, including responsibility for administering various housing and home loan programs throughout the state. Existing law requires the department, on or before December 31 of each year, to submit an annual report containing specified information to the Governor and both houses of the Legislature on the operations and accomplishments during the previous fiscal year of the housing programs administered by the department. This bill would require the department to include in those annual reports specified information relating to the CalHome Program and the Building Equity and Growth in Neighborhoods (BEGIN) Program, including the amount of the original awards to recipients, the portions not yet disbursed to recipients, and an estimate of how many individuals could benefit from the remaining balance. This bill would require the department to take certain actions by January 1, 2024, with respect to monitoring its housing bond programs, including developing, and implementing, a plan for performing onsite visits of CalHome Program recipients, determining the usability of the Consolidated Automated Program Enterprise System (CAPES) for the housing bond programs, and developing, and implementing, a long-term plan for the department to address instances when the department has exceeded its administrative spending limits.