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Legislative record

SB 1388STATE · CaliforniaIntroduced

Affordable Housing Risk Reduction Program.

Existing law establishes the Department of Housing and Community Development and requires it to administer various programs intended to promote the development of housing, including the Multifamily Housing Program, pursuant to which the department provides assistance in the form of deferred payment loans to pay for the eligible costs of development of specified types of housing projects, as provided. This bill would establish the Affordable Housing Risk Reduction Program, administered by the department, to provide technical assistance and supportive resources to affordable housing providers to help them mitigate risk in their portfolio and secure more affordable insurance options. The bill would require the department to develop technical assistance to support affordable housing providers, and would authorize the department and third-party consultants to provide both individual technical assistance to affordable housing providers and develop technical assistance tools that can be made broadly accessible to those providers.

Voted 9/4/2026View source

Roll-call record

How representatives voted

0 yea·0 nay

No roll-call votes recorded for this bill yet.

Docket history

Action history

  1. 7/1/2026From committee: Do pass as amended and re-refer to Com. on APPR. (Ayes 10. Noes 1.) (July 1).
  2. 6/22/2026Re-referred to Com. on H. & C.D. pursuant to Assembly Rule 96.
  3. 6/18/2026From committee with author's amendments. Read second time and amended. Re-referred to Com. on INS.
  4. 6/15/2026Re-referred to Coms. on INS. and H. & C.D. pursuant to Assembly Rule 96.
  5. 6/11/2026From committee with author's amendments. Read second time and amended. Re-referred to Com. on L. GOV.
  6. 5/18/2026Referred to Com. on L. GOV.
  7. 5/7/2026In Assembly. Read first time. Held at Desk.
  8. 5/7/2026Read third time. Passed. (Ayes 36. Noes 0. Page 4167.) Ordered to the Assembly.
  9. 4/30/2026Read second time. Ordered to consent calendar.
  10. 4/29/2026From committee: Do pass. Ordered to consent calendar. (Ayes 7. Noes 0. Page 4096.) (April 29).