The California State Senate is set to vote on AB 1585, which would transfer balances in California’s recently dissolved redevelopment authority (RDA) low- and moderate-income housing funds to local housing agencies to be spent specifically for affordable housing. AB 1585 was introduced in early February by Assembly Members John A. Pérez (D”“Coachella), Tony Atkins (D”“San Diego), Roger Dickinson (D-Sacramento), Jerry Hill (D”“San Mateo), Holly Mitchell (D”“Los Angeles), Henry Perea (D”“Fresno), and Norma Torres (D”“Pomona) and recently passed the California Assembly by a vote of 56-7, receiving two more votes than the supermajority required for passage as an urgency measure. The Senate will likely vote on AB 1585 this week.

Click here to read AB 1585.