Housing: affordable housing tenants: home ownership.

New subsection (b) requires that the strategies developed under this bill include, but are not limited to, advertising of existing home ownership programs to tenants of deed-restricted affordable housing. This gives the mandate a concrete minimum action.

New subsection (c) defines 'existing home ownership programs' to include, but not be limited to: the Joe Serna Jr. Farmworker Housing Grant Program, the CalHome Program, the home purchase assistance program, and the California Dream for All Program. This clarifies which programs count as pathways for tenants.

The former second section stating 'It is the intent of the Legislature to enact legislation that would expand access to affordable homeownership' was removed entirely. This had been a non-binding statement of legislative intent separate from the operative mandate.

The fiscal committee answer in the digest changed from 'no' to 'yes', indicating the bill now carries a state-mandated local program or fiscal impact that was not previously identified.

New Section 50158 added to the Health and Safety Code requiring HCD and CHFA to develop and implement strategies by January 1, 2028 to promote tenant-to-homeowner transitions in deed-restricted affordable housing using existing homeownership programs.

The bill changed from a non-binding statement of legislative intent to an enforceable mandate on two specific state agencies with a hard deadline.

Fiscal committee designation changed from 'no' to 'yes,' indicating the amendment triggers a fiscal note requirement, likely due to the new operational obligations imposed on state agencies.