AB 2689: Low-income housing tax credits: lease nonrenewal: good cause.
This bill aims to modify California's low-income housing tax credit program. The program allocates tax credits to provide affordable low-income housing. The bill specifies that good cause for nonrenewing a lease includes cases where a household's income exceeds 140% of the area median income for at least 2 consecutive years and 30% of the household's monthly income exceeds the fair market rent for the county where they reside. This provision applies to housing projects that require 100% of the units to be restricted to lower-income households.
| Sep. 10, 2026 | Enrolled and presented to the Governor at 3 p.m. |
| Aug. 30, 2026 | Senate amendments concurred in. To Engrossing and Enrolling. (Ayes 69. Noes 2.). |
| Aug. 28, 2026 | In Assembly. Concurrence in Senate amendments pending. |
| Aug. 27, 2026 | Read third time. Passed. Ordered to the Assembly. (Ayes 40. Noes 0.). |
| Jul. 02, 2026 | Read second time. Ordered to third reading. |