Housing: homeowner assistance: Homeowner's Assistance for Descendants of Enslaved Persons Program.

Existing law establishes the California Housing Finance Agency in the Business, Consumer Services, and Housing Agency for the purpose of meeting the housing needs of persons and families of low or moderate income. This bill would establish the Homeowner's Assistance for Descendants of Enslaved Persons Program for purposes of making, upon appropriation by the Legislature, financial aid and assistance for the purpose of purchasing, owning, or maintaining a home available to descendants, defined to include African American descendants of chattel enslaved persons. The bill would require the agency to develop and administer the program and provide financial aid and assistance to qualified applicants it selects. The bill would set forth eligibility requirements for applicants and procedures for administering the program.