Politics.AIAssembly BillPassed first houseHealth and Safety
AB 2020: Housing programs: financing.
What AB 2020 does, verified August 25, 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
4Second ChamberCurrent
5GovernorPending
6ChapteredPending
Last action: Read second time. Ordered to third reading. (2026-08-24)Alert me
Author and sponsors
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| Aug. 24, 2026 | Read second time. Ordered to third reading. |
| Aug. 21, 2026 | Read third time and amended. Ordered to second reading. |
| Aug. 17, 2026 | Read second time. Ordered to third reading. |
| Aug. 13, 2026 | Read second time and amended. Ordered returned to second reading. |
| Aug. 13, 2026 | From committee: Amend, and do pass as amended. (Ayes 7. Noes 0.) (August 13). |