Establishes the South Bay Regional Housing Trust to fund housing for homeless and low-income populations in the South Bay Cities region of Los.

The bill creates the South Bay Regional Housing Trust, a joint powers agency between the County of Los Angeles and cities within the South Bay Cities Council of Governments. It aims to address the affordable housing crisis by funding housing for homeless, low-income, and moderate-income populations. The Trust will receive public and private funds, issue debt instruments, and maximize transparency through annual financial reporting. The board of directors will include experts in homelessness or housing policy and be subject to conflict of interest codes.

Establishes the South Bay Regional Housing Trust to fund housing for homeless and low-income populations in the South Bay Cities region of Los.

The bill creates the South Bay Regional Housing Trust, a joint powers agency between the County of Los Angeles and cities within the South Bay Cities Council of Governments. It aims to address the affordable housing crisis by funding housing for homeless, low-income, and moderate-income populations. The Trust will receive public and private funds, issue debt instruments, and maximize transparency through annual financial reporting. The board of directors will include experts in homelessness or housing policy and be subject to conflict of interest codes.