California AB2581 aims to help tenants of deed-restricted affordable housing transition to homeownership.

California AB2581 requires the Department of Housing and Community Development and the California Housing Finance Agency to develop strategies by January 1, 2028, to assist tenants of deed-restricted affordable housing in becoming homeowners. These strategies will leverage existing home ownership programs, including the Joe Serna, Jr. Farmworker Housing Grant Program, the CalHome Program, the home purchase assistance program, and the California Dream for All Program. The bill seeks to promote homeownership among these tenants through targeted initiatives.

California AB2581 aims to help tenants of deed-restricted affordable housing transition to homeownership.

California AB2581 requires the Department of Housing and Community Development and the California Housing Finance Agency to develop strategies by January 1, 2028, to assist tenants of deed-restricted affordable housing in becoming homeowners. These strategies will leverage existing home ownership programs, including the Joe Serna, Jr. Farmworker Housing Grant Program, the CalHome Program, the home purchase assistance program, and the California Dream for All Program. The bill seeks to promote homeownership among these tenants through targeted initiatives.