AR 76: Relative to affordable homeownership.

<p>The bill aims to increase affordable homeownership opportunities in California by implementing several initiatives. It would provide down payment assistance programs for low- and moderate-income homebuyers, increase funding for affordable housing programs, and establish a statewide housing affordability task force to address the state's housing crisis.</p> <p>The bill would also allow for the creation of community land trusts to preserve affordable housing options and provide tax credits to developers who build affordable housing units.</p> <p>Additionally, the bill would establish a program to provide financial assistance to low-income renters who want to purchase their homes, and increase the funding for the California Housing Finance Agency to support the development of affordable housing.</p> <p>The ultimate goal of the bill is to make homeownership more accessible and affordable…