Assembly BillPassed both housesHealth and Safety
AB 2020: Housing programs: financing.
What AB 2020 does, verified September 3, 2026
The bill aims to provide financial assistance to housing development projects by authorizing the department to transfer excess reserves or operating income from one rental housing development to another with the same owner. This transfer will enable the department to provide more efficient use of funds and promote the development of affordable housing. The department will have the authority to make this transfer in order to support the development of various types of housing projects. The transfer will be subject to certain conditions and requirements, including the involvement of the same owner and the specific use of the transferred funds.
Bill journey
✓IntroducedComplete
✓In CommitteeComplete
✓First Chamber FloorComplete
✓Second ChamberComplete
5GovernorCurrent
6ChapteredPending
Last action: Senate amendments concurred in. To Engrossing and Enrolling. (Ayes 79. Noes 0.). (2026-08-31)Alert me
Author and sponsors
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| Aug. 31, 2026 | Senate amendments concurred in. To Engrossing and Enrolling. (Ayes 79. Noes 0.). |
| Aug. 30, 2026 | In Assembly. Concurrence in Senate amendments pending. |
| Aug. 30, 2026 | Read third time. Passed. Ordered to the Assembly. (Ayes 39. Noes 0.). |
| Aug. 24, 2026 | Read second time. Ordered to third reading. |
| Aug. 21, 2026 | Read third time and amended. Ordered to second reading. |