California SB750 mandates a study on credit enhancement mechanisms to reduce borrowing costs for housing developments.

California SB750 requires the California Housing Finance Agency to study credit enhancement mechanisms to reduce borrowing costs for housing developments receiving state financial assistance. The study will assess potential state-administered lending and credit enhancement tools for both construction and permanent financing, with a focus on reducing construction financing costs. The agency must submit an interim report by January 1, 2028, and a final report by July 1, 2028.

California SB750 mandates a study on credit enhancement mechanisms to reduce borrowing costs for housing developments.

California SB750 requires the California Housing Finance Agency to study credit enhancement mechanisms to reduce borrowing costs for housing developments receiving state financial assistance. The study will assess potential state-administered lending and credit enhancement tools for both construction and permanent financing, with a focus on reducing construction financing costs. The agency must submit an interim report by January 1, 2028, and a final report by July 1, 2028.