Housing: Building Home Ownership for All Program.

Summary

The bill adds Section 12335 to the Government Code, ordering the state treasurer, in consultation with the California Housing Finance Agency and other stakeholders, to develop a “Building Home Ownership for All” program by Jan 1 2027. The program would use tradable tax credits to finance for‑sale homes priced below market for eligible, owner‑occupied buyers with lower or moderate incomes. The Legislative Analyst must review the program each year starting in 2028, and the law would end on Dec 31 2031.

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Vote

From committee: Amend, and do pass as amended and re-refer to Com. on APPR. (Ayes 9. Noes 1.) (April 30). · May 1, 2025

Hearings

• Appropriations Committee Hearing
  Appropriations · May 23, 2025
• Appropriations Committee Hearing
  Appropriations · May 14, 2025
• Housing and Community Development Committee Hearing
  Housing and Community Development · Apr 30, 2025

History

1. Feb 2, 2026From committee: Filed with the Chief Clerk pursuant to Joint Rule 56.
2. Jan 31, 2026Died pursuant to Art. IV, Sec. 10(c) of the Constitution.
3. May 23, 2025In committee: Held under submission.
4. May 14, 2025In committee: Set, first hearing. Referred to suspense file.
5. May 6, 2025Re-referred to Com. on APPR.
6. May 5, 2025Read second time and amended.
7. May 1, 2025From committee: Amend, and do pass as amended and re-refer to Com. on APPR. (Ayes 9. Noes 1.) (April 30).
8. Mar 25, 2025Re-referred to Com. on H. & C.D.
9. Mar 24, 2025Referred to Com. on H. & C.D.
10. Mar 24, 2025From committee chair, with author's amendments: Amend, and re-refer to Com. on H. & C.D. Read second time and amended.
11. Feb 14, 2025From printer. May be heard in committee March 16.
12. Feb 13, 2025Read first time. To print.

Sponsors

• Carrillo · sponsor

Bill text

Opens the legislature’s own copy.

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