The homelessness crisis in California has reached alarming levels in recent years. In fact, the number of individuals experiencing homelessness has hit its highest level ever in 2022, according to CalMatters.
California’s legislature continues to respond to the ongoing crisis with new legislation.
By December 31, 2023, Assembly Bill (AB) 2483 will require the Department of Housing and Community Development (HCD) to award incentives to Multifamily Housing Program project applicants that set aside 20%-to-50% of the projects units, when the project includes more than 100 units, for individuals experiencing homelessness or who are eligible for services such as the Program of All-Inclusive Care for the Elderly.
Developers interested in benefiting from the program can read more at the HCD.
Additionally, the HCD will partner with the State Department of Health Care Services to establish an efficient solution to arrange qualifying services in housing projects funded by the Multifamily Housing Program.
Under this new law, the HCD will assess tenant outcomes and identify specific information, including:
- age;
- race;
- ethnicity; and
- the previous housing status of the people being served.
Further, California will partner with agencies to assist individuals with disabilities in gaining their own homes and receiving the necessary support to live on their own.
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