AB2110

California AB2110 establishes a financing district for workforce housing infrastructure, ensuring affordable housing for public safety, education.

California AB2110, the Workforce Housing Enhanced Infrastructure Financing Act, creates a financing district for workforce housing infrastructure. This district can issue bonds to fund housing developments that reserve units for public safety, education, healthcare, and manufacturing personnel. The district must ensure at least 70% of units serve lower-income households and 30% serve moderate-income households. If approved by voters, the district can issue bonds to finance these developments.