California AB1475 establishes the Building Homes and Jobs Trust Fund to support affordable housing and homelessness prevention.

California AB1475 creates the Building Homes and Jobs Trust Fund to support affordable housing and homelessness prevention. The fund allocates moneys for various housing initiatives, including affordable rental and owner-occupied housing, homelessness assistance, and technical assistance for local governments. Funds are distributed based on specific criteria, such as geographic equity and unmet housing needs. Notably, housing funded by the act cannot be rented or sold to agricultural employers using H-2A workers.

California AB1475 establishes the Building Homes and Jobs Trust Fund to support affordable housing and homelessness prevention.

California AB1475 creates the Building Homes and Jobs Trust Fund to support affordable housing and homelessness prevention. The fund allocates moneys for various housing initiatives, including affordable rental and owner-occupied housing, homelessness assistance, and technical assistance for local governments. Funds are distributed based on specific criteria, such as geographic equity and unmet housing needs. Notably, housing funded by the act cannot be rented or sold to agricultural employers using H-2A workers.