California SB179 establishes a Housing Development and Finance Committee to streamline and consolidate multifamily affordable housing programs.
California SB179 creates the Housing Development and Finance Committee within the California Housing and Homelessness Agency to centralize affordable housing finance policymaking. The bill aims to simplify access to state housing resources by consolidating subsidy administration into a single pathway. It establishes the Multifamily Housing Program as the primary omnibus affordable housing subsidy program, replacing several existing programs.
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